Home Loans for Doctors

Our dedicated mortgage brokers are available around the clock to ensure you receive top-notch customer service, delivering maximum value to secure the best deals available in the market.

Benefits of working with us include:

• Waived Lenders Mortgage Insurance

Lenders Mortgage Insurance (LMI) is typically required for home loans where the borrower needs to finance more than 80% of the property value.

For example, if a buyer aims to purchase a property worth $2,000,000 with a $200,000 deposit, they would need LMI as the deposit covers only 10% of the property value, requiring the borrower to finance the remaining 90%. The lender uses LMI to mitigate the risk.

Doctors are considered 'low risk' by lenders, leading to special deals that may include a full LMI waiver, allowing doctors to finance up to 95% of the property's value.

However, certain conditions apply. To qualify for an LMI waiver, doctors must be AHPRA registered and working as certified doctors. The registration must be either general or specialist. Those with limited or provisional registration may still be eligible.

We encourage all Australian doctors to reach out and speak with our senior mortgage brokers for detailed insights on how to save on LMI as an eligible medical professional.

Get the best home loan rates & save time

Doctors are often extremely busy and unable to spend hours negotiating with multiple lenders. The process is time-consuming and not practical for many.

This is where our experienced mortgage brokers can assist.

At Trusted Finance Solutions, we have access to over 40 lenders in the Australian market. Our brokers have established strong relationships with reputable lenders, securing exclusive home loan rates for doctors nationwide.

Whether you’re in Sydney, Canberra, Melbourne, Brisbane, Gold Coast, Perth, Darwin, Adelaide, or Hobart, we specialise in finding the right home loan discounts to suit your needs.

Exclusive discounts available only for doctors

As specialist mortgage brokers, we offer exclusive home loan discounts available only to eligible doctors. We respect the hard work of Australian doctors and aim to make securing your home loan easier, saving you thousands of dollars.

We help you pay down your home loan faster. For every doctor home loan arranged through us, we pay $395 annually for every year you keep your loan with us. For loans over $500,000 over 30 years, this can save you an average of $11,850!

Additionally, your mortgage broker will present all available cashback offers from Australian banks, ensuring you receive the best possible deal.

Tailored financial solutions

We recognise that every doctor has unique financial goals. Our mortgage brokers are equipped to assess your individual situation and provide a range of suitable deals offering the most value.

Our senior brokers negotiate on your behalf, saving you the time and effort of dealing with multiple lenders, which can often result in conflicting feedback and delays.

Trust our professionals to collate the best deals that suit your financial situation and expedite the process. We are mortgage professionals working for other professionals.

Doctors and allied health professionals may qualify for exclusive home loans. Eligible medical professionals include:

• Anaesthesiologists/anaesthetists
• Cardiologists
• Cosmetic surgeons
• Dentists
• Dermatologists
• General Practitioners
• Epidemiologists
• Gastroenterologists
• Gynaecologists
• Immunologists
• Neurologists
• Oncologists
• Ophthalmologists
• Orthodontists
• Paediatricians
• Pathologists
• Pharmacists
• Radiologists
• Surgeons
• Urologists

If your medical occupation is not listed and you believe you may be eligible, contact us and speak with a senior mortgage broker for prompt feedback on your eligibility.

Exclusive doctor home loans are not available for medical practitioners such as naturopaths or disqualified AHPRA doctors. However, some banks accept intern doctors, with whom we regularly work.

Every case and lender is different. Your senior broker can clarify your eligibility and provide immediate answers.

Lenders consider medical professionals, especially doctors, as low risk due to their consistent track record of timely repayments and high income.

• Doctors have a history of timely home loan repayments.
• Doctors are regarded as low-risk borrowers earning high incomes.
• The career-long commitment of doctors signals reduced risk.
• Doctors possess highly sought-after skills, ensuring financial stability.

Eligible medical practitioners may receive no LMI, borrow up to 100% LVR, or, in special instances, both.

The type of discounts varies from lender to lender and may depend on external market conditions. We encourage doctors to contact us to discuss current discounts and exclusive deals.

• Currently employed as a doctor or qualified medical professional.
• No minimum income requirements.
• Current AHPRA registration.

Yes, with a few select banks. The loan will be split into two:

• Standard 95% home loan without LMI.
• An exertion loan for the remaining 5% & costs (stamp duty, bank fees & legal costs).

To be eligible, you must be self-employed for over 2 years or registered with AHPRA as a specialist.

This product is not available through retail branches. If you run your own medical practice, special rules may apply. Speak with a senior broker on 1300 030 388 or enquire online.

Doctors often have unique income structures. Here is a breakdown of acceptable structures for lenders:

• Base PAYG salary for permanent part/full-time: 100% accepted.
• Casual Income: 100% accepted, with most banks requiring 12 months with the current employer. Some banks accept as little as 3 months.
• Overtime: Some banks consider 100%, but most accept 80%. Minimum 3 months with the current employer.
• Allowances: Generally, 100% accepted; otherwise, typically 80%.
• Invoices paid to ABN: Usually requires 2-year tax returns. Some lenders accept ABNs as little as 6 months old.
• Business income from running a practice: Usually requires 2-year tax returns. Some lenders accept business activity statements and interim tax returns.

Depending on your loan value, we can save you tens of thousands of dollars. We pay doctors an average of $11,850 to cover annual loan fees, saving thousands over the loan's lifetime.

Our brokers have assessed thousands of credit checks for medical professionals, pinpointing savings opportunities. Whether you're purchasing your first home, an investment property, or refinancing, we can help.

Yes, we negotiate with CommBank, NAB, ANZ, or Westpac to approve your home loan.

Most doctors prefer the big four banks for their reputation and resources. If you meet their criteria, you should be eligible for a doctor's home loan.

If you're facing financial difficulties, such as previous loan defaults or poor credit history, we may still secure a competitive interest rate. Each loan is unique, and we recommend speaking with a senior broker before deciding.

Our mortgage professionals streamline the home loan application process. Your senior broker will guide you through the pre-approval process to collect necessary documents efficiently.

Standard documents include:

• Personal identification (e.g., passport, driver's license, citizenship certificate, birth certificate).
• Proof of income (e.g., recent payslips, ATO tax returns for self-employed).
• Additional documentation (e.g., bank statements, home loan statements).

We negotiate for the lowest home loan interest rates available for doctors based on your financial situation and history. Rates are highly personalised and vary for each individual.

Yes! We specialise in helping doctors secure tough home loans at competitive interest rates. Our experienced team understands the financial challenges doctors face and has processes to overcome common obstacles quickly.

Speak with our senior broker about your home loan situation. Our mortgage experts are here to help.

Nurses are not eligible for doctor's home loans. However, some nurses may qualify for certain LMI waivers if they earn over $90,000.

Yes, you can qualify if you are married to an eligible doctor and applying for the mortgage together. Consult with a senior broker for more information.

Absolutely! Our brokers are among the top 100 in Australia, committed to helping doctors achieve their financial goals. Our premium broker status ensures fast turnaround times and the cheapest interest rates.

Our brokers and credit analysts have extensive experience working with Australia's leading banks, knowing what it takes to get loans approved.

We know time is critical. Once you contact us and share your financial situation, we begin the process immediately. Our professionals return with the best options within 24 hours.

Yes. As a qualified medical professional, you receive waived LMI, interest rate discounts, and common loan features, including:

• Fixed interest rates
• Credit card fee waivers
• Variable interest rates
• Interest-only loans
• 100% offset accounts
• Split mortgages
• Line of credit
• Redraw facilities

At Trusted Finance Solutions, we are the professionals that medical professionals turn to for the best home loan deals. Our winning formula helps doctors across Australia secure the best home loans.

Our senior brokers will provide the best home loan options within 24 hours. Whatever your financial requirements, our specialists have a solution. We offer risk-free services, working on your behalf and being paid by the banks.

Save time and money by discussing home loans for doctors with us today.