As an optometrist, you qualify for home loan benefits most borrowers cannot access: waived Lenders Mortgage Insurance (LMI) at up to 90% to 95% LVR, discounted interest rates through medico banking divisions, and loan amounts up to $7.5 million. On a single purchase, this can save you $15,000 to $60,000+.
We specialise in optometrist home loans. We know which lenders place optometrists in their highest eligibility tier with no income requirement, which require a minimum $90,000 income, which accept provisional AHPRA registration, and which offer self-employed optometrists a single-year tax return assessment. We compare 35+ lenders so you get the best deal for your situation, whether you work in a corporate chain, an independent practice, or run your own clinic.
First home buyers can combine the LMI waiver with the NSW stamp duty concession (nil on properties up to $800,000 and a concessional rate between $800,000 and $1,000,000) for $30,000+ in combined savings. If you already own property, we help you use equity to invest or refinance to a lower rate with waived LMI. Buying, investing, or refinancing, our service costs you $0. Use our repayment calculator or equity calculator to start planning your numbers.
Find out how much you save with an optometrist home loan
We verify your AHPRA eligibility, calculate your borrowing power across 35+ lenders, and show you exactly how much you save on LMI and interest. Buying, investing, or refinancing - $0 cost.
Get my free home loan assessmentLenders Mortgage Insurance is one of the biggest upfront costs when buying with less than 20% deposit. As an optometrist, it is waived entirely. Here is what a regular borrower would pay, and what you save:
| Property Value | LVR | Loan Amount | Estimated LMI (non-optometrist) | Optometrist Saves |
|---|---|---|---|---|
| $750,000 | 90% | $675,000 | ~$16,800 | ~$16,800 |
| $750,000 | 95% | $712,500 | ~$29,500 | ~$29,500 |
| $1,000,000 | 90% | $900,000 | ~$22,400 | ~$22,400 |
| $1,000,000 | 95% | $950,000 | ~$39,300 | ~$39,300 |
| $1,500,000 | 90% | $1,350,000 | ~$33,600 | ~$33,600 |
| $1,500,000 | 95% | $1,425,000 | ~$59,000 | ~$59,000 |
| $2,000,000 | 90% | $1,800,000 | ~$44,800 | ~$44,800 |
| $2,000,000 | 95% | $1,900,000 | ~$78,600 | ~$78,600 |
Estimates only. Actual LMI costs vary by lender, insurer, state, and borrower profile. Assumes standard residential property, owner-occupied, principal and interest repayments. Use our property deposit calculator for your exact numbers, or book a free consultation for your personalised LMI saving.
A mortgage for optometrists requires a broker who understands medico lending policies, AHPRA registration, and optometry income structures:
Not all lenders offer optometrist home loans, and those that do have very different policies. Some waive LMI up to 95% LVR with no income requirement, others cap at 90% and require a minimum $90,000 income. Some accept provisional AHPRA registration, others require general or specialist only. Some exclude interest-only repayments entirely. Maximum loan amounts range from $3 million per security to $7.5 million aggregate. You get every relevant lender compared against your registration, income structure, and financial situation so you get the best deal.
LMI is one of the biggest upfront costs when buying with less than 20% deposit. A regular borrower purchasing a $1,000,000 property at 90% LVR would pay approximately $22,400 in LMI. At $1,500,000, the cost rises to approximately $33,600. With an optometrist home loan, LMI is waived entirely at up to 90% to 95% LVR. If you previously paid LMI, you can refinance with waived LMI and never pay it again. Use our property deposit calculator for your exact numbers, or book a free consultation for your personalised LMI saving. Read our LMI guide for more detail.
Your income is unique: PAYG salary from a corporate chain, hourly rate plus performance bonuses, locum payments, contractor invoices, practice drawings, or partnership distributions. Some lenders accept bonuses and incentive payments at full value, others discount them. Some lenders assess self-employed optometrists on a single year of tax returns if you have been self-employed for at least one full financial year. The wrong lender means less borrowing power or a declined application. You get matched to the lender that assesses your optometry income most favourably.
Many lenders offer rate discounts through medico or professional banking divisions not accessible through branches or the bank's website. Your application goes directly to the medico division with AHPRA verification and documentation prepared to their requirements. Faster turnaround, better rates, fewer delays. We also compare cashback offers of $2,000 to $10,000 when switching lenders.
The lender pays the commission when your loan settles. You pay the same rate whether you go direct or through a broker. A mortgage broker is legally bound by the Best Interests Duty to recommend what is best for you, not the lender. Learn about our team.
Your income changes as you progress from new graduate to experienced practitioner to practice owner. As income grows and equity improves, better rates become available. You receive annual rate reviews and proactive contact when a better deal comes up. We also help you release equity to fund your next investment property as your portfolio grows.
Doctors and allied health professionals registered with AHPRA are eligible for exclusive home loan deals. The following medical professionals may qualify for a doctor home loan with waived LMI:
Eligibility varies by lender. Not all lenders accept all professions listed above. If your medical occupation is not listed and you believe you may be eligible, contact us and we will confirm your eligibility immediately.
Not all banks accept every type of optometry income. Approaching the wrong lender can mean a declined application or reduced borrowing power:
100% accepted by all lenders. Two recent payslips from your current employer are required. This is the most common structure for optometrists employed by corporate chains, hospital eye clinics, and group practices. If you have recently changed employers, some lenders require you to have passed probation while others accept income from your first payslip.
Many optometrists in corporate chains earn an hourly rate plus performance-based bonuses or incentive payments tied to patient volume or sales targets. Some lenders accept 100% of bonuses, others only 80%, and the calculation period varies: some use the most recent 3 months, others 6 or 12 months. For optometrists with significant bonus income, choosing the right lender can increase your borrowing power by $50,000 to $100,000.
Many optometrists split their week across two or three locations, whether corporate chains, independent practices, or locum shifts. If each role is paid through payroll with tax withheld, most lenders will combine both income streams. If one or more roles are paid through your ABN, lenders may treat the ABN portion as self-employed income, requiring longer history. Some lenders only count your primary role and ignore the rest. We match you with lenders that recognise all of your income streams together, so nothing is left on the table.
Two years of tax returns are generally required. Depending on how long you have been invoicing through your ABN, some lenders accept a combination of invoices, BAS, interim tax returns, and evidence of previous income. Some lenders accept an ABN as little as 6 months old. Our self-employed home loan guide covers the full range of verification options.
Two years of tax returns and financials are generally required. If your practice income flows through a company or trust, the way income reaches you needs clear documentation: drawings, director fees, trust distributions, or a combination. Some lenders assess self-employed optometrists on a single year of tax returns if you have been self-employed for at least one full financial year. Note that some lenders only accept individual borrowers under the LMI waiver. Companies, trusts, and guarantor entities may be excluded at certain lenders even if you are an eligible optometrist.
Many optometrists earn from multiple sources: a permanent role at one practice plus locum shifts at another, or a salary plus practice profit share. Some lenders only assess the primary income stream and ignore secondary income. Others combine both but apply different serviceability rules to each. Some also require that the primary source of income be derived from optometry. You get matched with the lender that maximises borrowing power by accepting all your income streams together.
Our founder spent 8+ years inside one of Australia's major banks approving and declining loans. That experience means your application is built to get approved at the highest possible amount:
Most brokers submit and wait. Your application is checked against the lender's credit criteria before it goes in, so issues are resolved upfront. Complex income from practice ownership, bonus structures, and multiple work arrangements is presented in the format credit assessors expect. Less back-and-forth, faster approval.
Each bank calculates borrowing power differently. By testing your situation across every lender, we find the one that accepts 100% of your bonus income instead of discounting it, applies the smallest assessment rate buffer on your existing fixed rate loan, and counts rental income at 80% instead of 70%. The difference between lenders can mean $200,000 to $400,000 in borrowing power on the same income. We also check for income thresholds. Some lenders require a minimum $90,000 income for optometrists, while others have no income floor at all.
Major banks have specialised medico lending teams with pricing, LVR limits, and income policies not available through branches. Your application goes directly to the medico division with AHPRA verification and documentation prepared to their requirements. Faster turnaround, better rates, fewer delays.
Simple changes can dramatically increase how much you borrow. Credit cards reduce borrowing power by $30,000 to $50,000 per $10,000 limit, even if paid off monthly. HECS repayments, buy now pay later accounts, and school fees also count against you. These are identified during your initial assessment so you know what to fix before the application goes in. For many optometrists, cancelling unused credit cards alone adds $100,000+ to borrowing power.
Optometrists spend their days seeing patients back to back. Consultations are available Monday to Friday 9am to 9pm and weekends 9am to 6pm. All paperwork is handled, the lender chased, your solicitor coordinated with, the valuation arranged, and you kept updated through to settlement. After settlement, regular check-ins keep your rate competitive.
Ali Hasani spent 8+ years as a Senior Mobile Lending Specialist at one of Australia's big four banks, where medico home loan policies for optometrists and health professionals are developed and administered. He holds a Diploma of Finance and Mortgage Broking Management and a Post Graduate Certificate in Accounting. MFAA accredited with a perfect settlement record. Learn more about our team.
Use our optometrist home loan calculator tools to estimate your borrowing capacity, maximum purchase price, and repayments. Your results will differ from standard calculators because optometrist loans allow higher LVR without LMI:
Enter your savings. See your maximum purchase price.
Our property deposit calculator works as an optometrist borrowing capacity calculator. It shows your maximum purchase price at 80%, 90%, and 95% LVR with stamp duty included. As an optometrist with waived LMI, your 90% result is achievable without the LMI cost other borrowers pay on top.
LMI waiver eligibility, maximum LVR, and lender policies differ by registration type and how you practise:
All AHPRA-registered optometrists with general registration qualify at up to 90% to 95% LVR with no LMI depending on the lender. Some lenders place optometrists in their highest eligibility tier with no minimum income, while others classify optometrists in a second tier requiring a minimum $90,000 combined gross income from the profession. This covers optometrists employed in corporate chains, independent practices, hospital eye clinics, and community health centres. There are no restrictions on whether you work in a private clinic or a corporate network.
Read about LVR and how it affects your ratePractice owners can access waived LMI provided they meet AHPRA registration and income verification criteria. Most lenders require two years of tax returns and financials. Some accept one year with BAS or an accountant's letter. Select lenders assess self-employed optometrists on a single year of tax returns if you have been self-employed for at least one full financial year. Whether you own a sole practice, a partnership, or a franchised location, we identify lenders that assess practice income most favourably.
Read about self-employed home loansNew optometry graduates with general AHPRA registration can access the LMI waiver immediately upon registration. Some lenders also accept provisional registration, while others only accept general or specialist and explicitly exclude provisional and limited registrations. Some lenders require you to have been employed for at least 3 months or to have passed probation. Others accept your first payslip. Lender selection matters for recently qualified optometrists.
Read our first home buyer guideOptometrists with a therapeutic endorsement from the Optometry Board of Australia qualify under the same LMI waiver policies as general optometrists. Therapeutic endorsement does not change your home loan eligibility but reflects your expanded scope of practice. All lenders that accept optometrists also accept those with therapeutic endorsement.
Read our full No LMI home loan guideOptical dispensers, orthoptists, and optical assistants are not eligible for the optometrist LMI waiver. Orthoptists may qualify through separate allied health pathways with select lenders. Other options include the Home Guarantee Scheme, a guarantor loan, or saving a 20% deposit.
Explore all pathways to home ownershipOptometry students (not yet registered), those with non-practising registration (unless on temporary leave such as parental leave), optical dispensers, and optical assistants do not qualify. If you do not qualify, we can still help you find the best standard home loan through our panel of 35+ lenders.
Read about deposit optionsYour strategy should match your career stage, income, and goals:
An optometrist home loan lets you purchase with 5% to 10% deposit and no LMI. If your property is under $800,000, you also pay zero stamp duty as a first home buyer in NSW. Between $800,000 and $1,000,000, a concessional rate applies.
Example scenario
Emma, new graduate optometrist earning $90,000 at a corporate chain. She has $45,000 in savings and wants to buy a $650,000 apartment in Sydney. At 90% LVR, her loan is $585,000. She needs $65,000 deposit plus approximately $2,500 in legal costs. As a first home buyer under $800,000 in NSW, she pays zero stamp duty. As an optometrist, she pays zero LMI. A regular borrower at the same LVR would pay approximately $14,600 in LMI. Emma's total upfront cost: approximately $67,500. A non-optometrist's total: approximately $82,100. She saves ~$14,600.
Your built-up equity can fund the deposit on your next home. You can keep your first property as an investment. Your optometrist LMI waiver applies to the new purchase as well. The key is choosing the right lender: one that accepts your bonus and incentive income at full value and applies the smallest assessment rate buffer on your existing fixed rate loan.
Example scenario
Tom, experienced optometrist earning $130,000 (including $20,000 in performance bonuses). He owns a $700,000 apartment with $250,000 equity and wants to buy a $1,100,000 family home. He keeps the apartment as an investment. At 90% LVR on the new home, his loan is $990,000. He pays zero LMI, saving approximately $24,600. The right lender uses 100% of his bonus income (not 80%), increasing his borrowing power by over $60,000 compared to a lender that discounts bonuses.
Optometrist LMI waivers can apply to investment properties with some lenders, typically up to 90% LVR and up to 95% with the most generous lenders on investment purchases. Not all lenders extend the waiver to investment properties. Each investment loan is structured separately to maximise negative gearing deductions, avoid cross-collateralisation, and diversify across lenders. Interest-only availability varies: some lenders exclude IO entirely under the waiver, others allow IO converting to P&I, and some cap IO at a lower LVR such as 80% for owner-occupied.
Example scenario
Dr. Singh, practice owner with a $1.2M home loan and one investment property. She originally paid LMI on both properties before knowing about the optometrist waiver. By refinancing both loans with waived LMI to a lower rate with cashback ($4,000 per property), she saves $12,000+ per year in interest and receives $8,000 in cashback across the two loans. The LMI waiver means no LMI is payable on the refinance despite both properties being above 80% LVR.
Practice drawings, trust distributions, partnership profit shares, and mixed PAYG create complexity standard lenders struggle with. Some accept 1 year of financials, BAS, or an accountant's letter. Select lenders assess self-employed optometrists on a single year of tax returns if you have been self-employed for at least one full financial year, rather than averaging two years. If your practice is held in a trust or company, that structure needs clear documentation. Some lenders accept trust structures where the optometrist is a trustee and beneficiary, or a director/owner. Others only accept individual borrowers.
Read our self-employed home loan guideIf you originally paid LMI, refinancing as an optometrist lets you switch without paying LMI again, even if your LVR is above 80%. Combined with a lower rate and potential cashback ($2,000 to $10,000), refinancing can save thousands per year. For practice owners with a portfolio, refinancing all loans can save $20,000+ per year in interest while accessing cashback on each property.
Read our refinance guideMany optometrists want to live near their practice but cannot afford to buy in the same area. Rentvesting lets you rent close to work while buying an investment property in a growth area. With select lenders, your LMI waiver applies to the investment property at up to 90% to 95% LVR. You claim tax deductions on the investment loan interest and build wealth through capital growth and rental income.
Explore pathways to ownership"Cannot recommend Ali highly enough. He made a complicated and daunting process incredibly easy, and continually went above and beyond. Would absolutely recommend him to everyone."
"Ali has a wealth of knowledge and experience. Was kind and patient with all of my questions and helped me refinance my home loan and investment loans. Highly recommend!"
"Ali is our trusted advisor for a long time. He has given us excellent service on loans and structured our loans in the right way. He is always available and quick to respond. Highly recommend his services!"
Your AHPRA registration is verified, your income structure assessed, borrowing power calculated across 35+ lenders, and the lender with the highest LVR and waived LMI for your profession identified. Stamp duty concessions and other benefits are checked.
Your best options are presented with clear comparisons of LMI waiver LVR limits, interest rates, comparison rates, fees, offset features, and maximum loan amounts. You see which lender assesses your optometry income most favourably. Read our choosing the right finance guide.
The application is handled, AHPRA verification submitted, valuation arranged, and settlement coordinated. Your optometrist home loan settles with no LMI. Ongoing support and annual rate reviews follow.
Educate yourself on LMI, government schemes, loan structures, and property strategies:
Real answers to the questions optometrists ask us every day:
A home loan with special benefits for AHPRA-registered optometrists. The main benefit is waived LMI when borrowing above 80% of the property value, typically up to 90% to 95% LVR. You may also receive discounted interest rates, higher maximum loan amounts, and more favourable income assessment. These benefits exist because lenders consider optometrists low-risk borrowers with stable income and very low default rates.
Optometrists have very low default rates and strong job security with consistent demand for vision services across Australia. Income potential is solid and grows as you progress from employee to practice owner. Lenders also value the long-term banking relationship because optometrists often hold savings, credit cards, and practice banking with the same institution.
With an optometrist home loan, you can purchase with 5% to 10% deposit and no LMI. On a $1,000,000 property, that means $50,000 to $100,000 instead of $200,000. Use our property deposit calculator to see your maximum purchase price based on your savings.
Yes. All lenders require current AHPRA registration through the Optometry Board of Australia. Most accept general registration. Some also accept provisional registration, while others only accept general or specialist and explicitly exclude provisional and limited types. Verification methods vary: some require AHPRA registration directly, others accept an Australian university degree or the most recent tax return confirming the profession.
Not with all lenders. Some require membership of Optometry Australia (OA) in addition to AHPRA registration. Others accept AHPRA registration alone. If you are not currently a member, we identify lenders that do not require OA membership.
It varies by lender. Some lenders place optometrists in their highest tier with no minimum income requirement. Others classify optometrists in a second tier requiring a minimum $90,000 combined gross income from the profession. Some also require that the primary source of income be derived from optometry. We identify lenders that match your income level and structure.
Varies by lender. Per-security limits range from $3 million to $4.5 million. Aggregate exposure limits (total lending across all properties) range from $5 million to $7.5 million. Your actual borrowing capacity depends on income, debts, and serviceability.
Yes. Some lenders extend the LMI waiver to investment property purchases at up to 90% to 95% LVR. Others cap investment at 90% LVR. Not all lenders offer the waiver for investment properties. The loan is structured with separate splits for tax-deductible investment debt.
Many optometrists in corporate chains earn performance-based bonuses. Some lenders accept 100% of bonus income, others only 80%, and the calculation period varies (3, 6, or 12 months). Choosing the right lender can increase your borrowing power by $50,000 to $100,000.
Yes. Self-employed optometrists can access waived LMI provided they meet AHPRA registration and income verification criteria. Most lenders require 2 years of tax returns. Some accept 1 year, BAS, or an accountant's letter. Select lenders offer a single-year tax return concession. If you have been self-employed for at least one full financial year, your income is assessed on the latest year rather than the standard two-year average.
Yes. Locum income paid through ABN invoices may be treated as self-employed income by some lenders. Others accept a shorter history with invoices, BAS, and evidence of previous PAYG employment. Some accept an ABN as little as 6 months old.
Yes. Some lenders impose a debt-to-income (DTI) cap on the LMI waiver. If your total debts relative to your gross income exceed the threshold, typically a DTI of 6, your maximum LVR may drop. For example, a lender offering 90% LVR may reduce this to 80% if your DTI exceeds 6. Cancelling unused credit cards and paying down existing debts can improve your DTI and unlock higher LVR limits.
It depends on the lender. Some require principal and interest (P&I) repayments only under the LMI waiver, with no interest-only option at all. Others allow interest-only converting to P&I after a fixed period, but not permanent interest-only. Some cap interest-only at a lower LVR, for example 80% LVR for owner-occupied interest-only versus 90% for P&I. For investment properties, interest-only is more commonly available at up to 90% LVR with some lenders. If interest-only is important to your strategy, this is a key factor in lender selection.
Some lenders extend the LMI waiver to construction contracts and vacant land. Others explicitly exclude construction loans and land from the waiver. Availability depends on the lender, the contract type, and the property location. If building is part of your plan, we identify which lenders cover construction under the optometrist LMI waiver.
No. Optometrist home loans typically offer the same or better rates. Many lenders offer rate discounts specifically for health professionals through their medico banking divisions. Some offer rates at 90% LVR that non-professionals only get at 80% LVR.
Yes. You can refinance to a new lender with waived LMI, even if your current LVR is above 80%. This is valuable if you originally paid LMI before knowing about optometrist home loans.
Personal ID (passport or licence plus citizenship or residency proof), AHPRA registration verification, proof of income (2 recent payslips for PAYG, or 2 years of tax returns for self-employed), bank statements showing savings, and details of existing loans. Practice owners may need an accountant's letter and business financials. A complete checklist is provided specific to your situation.
Yes. Joint applications with an eligible optometrist can access the LMI waiver. Most lenders require the optometrist to hold at least equal ownership share on title and be a borrower on the loan. Some lenders also accept the optometrist as a guarantor rather than a borrower. The non-optometrist spouse's income also counts toward borrowing power.
Yes. The optometrist LMI waiver is from the lender; stamp duty concessions are from the NSW government. They are completely separate. On a $750,000 first home purchase, you pay zero stamp duty and zero LMI, saving potentially $30,000+ in combined upfront costs.
Optometrists with straightforward PAYG income and clean AHPRA registration can be pre-approved within hours to a few days. Complex applications (self-employed, multiple income streams) may take longer. Pre-approval is valid for approximately 90 days.
A bank can only offer its own product. A broker compares 35+ lenders. Different lenders offer different LVR limits (90% versus 95%), income thresholds ($0 versus $90,000+), maximum loan amounts, interest-only availability, and registration requirements. If you go to a branch, they may not offer you the medico rate. The service costs $0.
$0. The lender pays the commission (typically 0.45% to 0.65% of the loan value) when your loan settles. You pay the same rate whether you go direct or through a broker. Meet our team.
No. Most lenders do not restrict the type of practice you work in. Whether you are employed by a corporate optical chain, an independent practice, a hospital, or a community health centre, you qualify provided you hold AHPRA registration. Your employer type does not affect eligibility.
Some lenders accept trust structures where the optometrist is a trustee and beneficiary, or a unit trust where the optometrist holds ownership. Others accept company structures where the optometrist is a director/owner or guarantor. Not all lenders allow this. If you use a trust or company for asset protection, lender selection is critical to ensure the waiver still applies. We identify which lenders accommodate your structure.
Yes, at some lenders. The LMI waiver may not be available for properties in postcodes classified as "high risk" or "at risk", typically regional towns, mining towns, or areas with volatile property markets. Most lenders apply the waiver without postcode restriction for standard metropolitan properties.
Yes. Lenders include school fees as a committed expense in their serviceability assessment. Private school fees of $20,000 to $40,000 per child per year can reduce borrowing power significantly. Some lenders treat school fees more conservatively than others. If you have children at private school, we identify lenders that minimise the impact on your borrowing capacity.
All standard features: fixed rate and variable rate options, 100% offset accounts, redraw facilities, split loans, interest only repayments (where available under the waiver, see the interest-only FAQ above), and line of credit. Some lenders waive annual package fees for health professionals. The LMI waiver does not limit your feature access.
Significantly. Lenders assess card limits as fully drawn. A $10,000 limit reduces borrowing by approximately $30,000 to $50,000. Multiple cards can reduce capacity by $100,000+. Cancelling unused cards before applying is one of the simplest ways to boost your borrowing power.
Yes. HECS does not prevent approval but reduces borrowing power. Lenders count the compulsory repayment (1% to 10% of income) as a committed expense. Some lenders treat HECS more favourably than others.
Yes. Lenders check for active BNPL accounts (Afterpay, Zip, Humm). These count as liabilities and reduce borrowing power. Close any BNPL accounts before applying.
The LMI waiver is assessed at application time. Once your loan settles with waived LMI, you do not need to remain in optometry. If you refinance later and your AHPRA registration has lapsed, you would not qualify for a new LMI waiver. Your existing loan is unaffected.
Some lenders accept temporary visa holders, though terms may differ: lower LVR (typically 90% maximum), higher deposit, or property restrictions. Permanent residents and citizens have the widest lender choice. Contact us to check eligibility for your visa type.
The LMI waiver applies to standard residential property: houses, townhouses, and apartments. Some lenders restrict small apartments (under 50sqm or under 40sqm living area), high-density buildings, or rural properties. Select lenders accept prestige properties and vacant land up to 8 hectares. If you have not found a property yet, you can apply as a home seeker and receive conditional approval subject to valuation, valid for 90 days.
Yes. There is no limit on properties, provided each falls within the lender's maximum loan amount and LVR limits and you have sufficient borrowing capacity. Some lenders impose exposure limits per borrower. Aggregate caps range from $5 million to $7.5 million. To grow a portfolio, loans are spread across multiple lenders to avoid concentration limits. Each loan is structured separately for tax efficiency.
Generally the same as or better than standard rates. Many lenders offer medico-only rate discounts through their professional banking divisions. Rates change frequently, so we compare the latest fixed and variable offers across 35+ lenders and negotiate the best deal for your situation. Contact us for today's best optometrist home loan rates.
Debt recycling converts non-deductible home loan debt into tax-deductible investment debt. You draw equity from your home to invest in an income-producing asset (such as an investment property or shares), then use the returns to pay down your non-deductible home loan faster. For practice-owning optometrists with growing income, debt recycling can save significant tax while building wealth. It requires careful loan structuring with separate splits for deductible and non-deductible debt. Speak to your accountant and contact us to structure the loans correctly.
Use our mortgage broker status and get cheaper interest rates across all professions:
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