Home Loans for Doctors

Lenders compete for medical professionals. Your income trajectory is predictable and your long-term value to a bank is high. That competition shows up as real policy concessions: up to 95% LVR without LMI, and income assessed on trajectory rather than just payslips. How your income is presented to the lender is the critical piece, and most banks do not advertise these settings. They are unlocked by knowing which lender applies which policy to which stage of a medical career. That is the job of a specialist.

Eligible medical professionals can typically borrow up to 95% LVR with no LMI. On an $800,000 home, skipping LMI at 95% saves around $31,000 (calculation as at July 2026), money that stays in your deposit, your offset, or your pocket.

Most eligible doctors do not have to. LMI waivers for medical professionals are among the most established profession-based lending policies in Australia. Eligibility usually turns on your AHPRA registration, the lender's medico policy, and the LVR you are seeking. Dentists and vets have their own versions: see home loans for dentists and home loans for vets.

Deposit. Typical bank: 20% deposit on an $800,000 home is $160,000. The MedX Finance way: 5% deposit is $40,000. Around $120,000 less to get into the same home.
LMI. Typical bank with a 5% deposit: roughly $31,000 in LMI. The MedX Finance way: $0. (Illustrative, as at July 2026.)
Repayments. Longer loan terms available to doctors can lower monthly repayments and free up cash flow while your career builds.
Illustrative examples only, not financial advice. Eligibility, rates, LMI and terms depend on your circumstances and lender criteria.

Often, yes. Early career is when the advantage is biggest. Many medico policies include interns, residents and registrars with AHPRA registration, assessing your earning trajectory rather than just your current payslip. If you are years from fellowship, you may still be months from a home.

Plenty of our clients talk to us long before a loan exists: weighing a practice purchase, planning a fitout, or working out what their career unlocks. That early thinking costs nothing and is some of the most valuable work we do. And when you are ready to move, it runs like this:
1. Today: talk to a specialist. 15 minutes on your situation and goals. No credit check, no cost.
2. Within 48 hours: your lending strategy. Which lenders fit your stage, what you can borrow, what it costs.
3. Application to approval. We package, submit and chase. Timing depends on the lender and the deal, and you will always know where things stand.
4. Approval to keys. We coordinate with your conveyancer through to settlement, and stay your broker for the loans that come after.