If you work in healthcare — doctor, nurse, midwife, dentist, vet, or allied health — lenders treat you differently to the general public. That applies whether you're buying your first home, refinancing, or building a property portfolio. Most health professionals never find out how much of an advantage they're sitting on, because no one tells them.

Health Professional Home Loans: No LMI Up to 90% (or More)

Lenders Mortgage Insurance (LMI) is charged when you borrow above 80% of a property's value — and it can add tens of thousands of dollars to a loan. A number of lenders waive it entirely for eligible health professionals, sometimes up to 90% or 95% of the property value, depending on your profession, registration, and the lender's own policy.

This isn't limited to your first home. Eligible health professionals can access the same waiver on:

• A first home purchase

• An upgrade or next home

• An investment property

(Eligibility varies by lender, profession, AHPRA registration, and loan purpose — it's not automatic across the board, so it needs checking against your specific situation.)

Buying an Investment Property, or Building a Portfolio

A lot of health professionals stop at one property because the process of finding the next lender, structuring the loan, and managing serviceability feels like more admin than it's worth on top of shift work.

This is where working with a broker — rather than one bank — actually changes the outcome:

• More lenders, more funding options. If one lender caps your borrowing power or won't extend on a second or third property, we go to a lender whose servicing calculators and policies work in your favour instead.

• Access to competitive rates across the market. Rather than accepting one bank's number, we compare pricing across our panel so you can see where you actually sit — not just one lender's view of you.

• Loan structures built for growth. Interest-only periods, offset accounts, and equity release from an existing property can all be used to fund the next purchase, structured around your income and goals rather than a generic template.

We Stay on Your Loan After Settlement

Most brokers disappear once the loan settles. We don't.

• Portfolio review every 6 months. Rates, your income, and your borrowing capacity all move. A regular review means your loan (or loans) keep working for you instead of quietly falling behind the market.

• Grow while you're working — we look after the loan. Health professionals don't always have time to track rate changes or refinance windows between shifts. We monitor it so growing your property position doesn't become a second job.

Who This Applies To

Lenders' definitions of "health professional" vary, but commonly include:

• GPs, hospital doctors, and specialists

• Registered nurses and midwives

• Dentists

• Vets

• Allied health practitioners (physiotherapists, pharmacists, optometrists, and similar AHPRA-registered professions)

If you're not sure whether your role qualifies, that's exactly the kind of thing worth checking before you assume you need a 20% deposit — or assume you've hit your borrowing limit.

The Bottom Line

Whether you're buying your first home, your next one, or your third investment property, it's worth finding out what you actually qualify for as a health professional before working off general public lending rules. Get in touch and we'll walk you through what's realistic for your situation.

This information is general in nature and doesn't take into account your personal circumstances. Lending criteria, LMI waivers, and rates vary by lender and are subject to individual assessment.