We help Doctors, Nurses and Allied Health professionals access Exclusive Home Loan Options
At Medico Home Loans, our mortgage brokers work with lenders to waive LMI, help buy with only 5-10% deposits and count 100% of your overtime and allowances. One average, $15,000–$30,000 is saved by the healthcare professionals that use our services. Our specialist medico team of mortgage brokers are all MFAA accredited and each have over 15 years of experience in finance.
- No LMI on home loans up to 95% LVR
- 100% of your overtime & allowances counted
- HECS-friendly borrowing assessments
- Lower home loan interest rates
Get a Free Quote
Fast, no-obligation. we usually reply within 1 business hour
No LMI Up to 95% LVR
Avoid LMI on eligible home loans.
More Income Counted
100% of overtime and allowances considered.
HECS-Friendly Assessments
A fairer approach to assessing HECS debt.
Lower Interest Rates
Access competitive home loan rates.
Find the specialty that fits you
Discover which medical specialties align with your strengths, working style, and career goals. Complete the guided assessment to receive clear, personalized matches.
FREE 20-MINUTE HOME LOAN RATE REVIEW
Your schedule is full. Your home loan shouldn’t cost more than it needs to. In just 20 minutes, we’ll review your current rate and show you where you may be able to save.
No obligation. Clear, personalised guidance.
How Much Could You Save With an LMI Waiver?
Eligible healthcare professionals can borrow up to 95% of the purchase price with no Lenders Mortgage Insurance. Enter your numbers to estimate what that waiver is worth.
= loan ÷ purchase price 90%
* Estimate only. Based on indicative LMI premium rates typically charged to standard borrowers at the same loan amount and LVR, including approximate premium stamp duty; actual premiums vary by lender, insurer, state and loan features. Eligibility for professional LMI waivers depends on your profession, registration, income and the lender's policy at the time of application. This is general information, not credit advice. Medico Home Loans can confirm your exact eligibility and savings.
Home Loans for Medical Professionals, Made Simpler
Medico Home Loans was founded in early 2026 to give busy healthcare professionals a clearer, more considered path to property finance. We understand that irregular hours, overtime, allowances, HECS and complex income structures do not always fit standard lending assessments.
Medico Home Loans connects medical professionals with experienced, MFAA-accredited mortgage brokers operating through Aussie. Your broker can compare suitable options from lenders available on the Aussie panel, coordinate the paperwork and guide your application from the first conversation through to settlement – helping doctors, nurses, dentists and allied health professionals make informed decisions without carrying the administrative burden alone.
Aim to make your home loan process easier for you.
Built Around Medical Careers
Support that considers how healthcare professionals work and earn.
Less Admin, More Clarity
Clear document guidance and hands-on support at every stage.
More Suitable Options
We compare lender policies to find options suited to your circumstances.
What Clients Say About Us
Healthcare sector home loan offers for Medical Doctors and Specialists, Dentists, Nurses and Allied Health
4.9
247+ Verified Google Reviews
Who Qualifies for a Medical Home Loan?
The loan cateres for Healthcare workers like Medical Doctors and Specialists, Dentists, Nurses and Allied Health
Doctors & GPs
The widest access to LMI waivers. Whether you’re a registrar on a training contract, a salaried hospital doctor, or running your own practice, lenders treat you as low-risk.
- No LMI up to 95% LVR (saving $15k–$30k)
- Overtime, on-call and allowances counted in full
- Self-employment income requirements often waived
Dentists
Treated alongside doctors by the major medico lenders, including practice owners and associates who’ve recently gone out on their own.
- No LMI up to 95% LVR for eligible dentists
- Borrowing capacity assessed on your true earnings
- Newer practice income considered, not just two full years
Nurses & Allied Health
Registered nurses, physios, pharmacists, radiographers and many other allied health roles qualify for medico benefits with the right lender, including shift and penalty income.
- LMI waivers available for eligible professions
- Shift loadings, penalties and overtime counted
- First-home buyers welcome - deposits from 5–10%
Refinancing & Restructuring
Already in a loan that wasn’t set up for a medical professional? We review your structure and move you to a lender that recognises your income and profession.
- Switch to medico rates and lower repayments
- Restructure to free up borrowing capacity
- Consolidate or fund an upgrade or investment
Why Healthcare Professionals choose Medico Home Loans?
Healthcare sector home loan offers for Medical Doctors and Specialists, Dentists, Nurses and Allied Health
Save Thousands on LMI
Eligible professionals can borrow up to 95% LVR without paying Lenders Mortgage Insurance (LMI), saving $15,000+ on typical purchases!
Enhanced Borrowing Power
100% of your overtime and allowances counted! We recognise your essential services role means regular, ongoing additional income.
Fast-Track for Self-Employed
Self-employed doctors and specialists: skip the lengthy trading history requirements with select lenders. Get approved faster!
Expert Industry Knowledge
We specialise in healthcare professional loans. We know which lenders offer the best terms for YOUR specific profession and circumstances.
Construction & Investment Options
Building your dream home or investing? Access construction loans up to 95% LVR and investment property options tailored to professionals.
Construction & Investment Options
First home buyer? Family equity can help you enter the market faster with streamlined guarantee arrangements.
Meet Our Team
Guiding your home loan journey with 20+ years of experience
James Safajou
Medico Mortgage Broker
Ranked number 7 in the country for Aussie mortgage brokers across all stores. As a Senior Mortgage Broker and Justice of the Peace for the Northern Rivers, James Safajou provides trusted, confidential service. A Byron Bay local, he excels at analysing complex financial documents to maximise your borrowing power, making the home loan process straightforward, stress-free, and convenient for you.
Bruna Andrews
Medico Mortgage Broker
Bruna Andrews can assist you with your first home buyer residential home loans, investment loans, family guarantee home loans, mortgage refinance and commercial loans. Bruna finds it particularly exciting dealing with Medico first home buyers and helping them navigate the property market for the first time. The right mortgage structure set out to your advantage and access to a leading panel of lenders.
Sana Hosseini
Medico Mortgage Broker
Sana Hosseini is an Elite Mortgage Broker, serving as a Director on the Board of the Mortgage Finance Association of Australia. Recognised for his two decades in Medico home loans. Based in South Yarra, his background as a Tax Accountant gives him a unique edge in expertly guiding medical professionals and self-employed clients, ensuring their financial structures are optimised for the best home loan outcome.
Guide to Home Loans for Medical Professionals in Australia
Discover how healthcare professionals may borrow more, save on LMI, and buy sooner.
One of the Biggest Benefits: Avoiding Lenders Mortgage Insurance (LMI)
One of the most valuable benefits available to many healthcare professionals is an Lenders Mortgage Insurance (LMI) waiver.
Normally, if you borrow more than 80% of a property’s value, you must pay LMI, which can cost thousands of dollars. However, eligible healthcare professionals may be able to borrow a higher percentage without paying this extra cost.
Below is how some major lenders classify eligible professions for LMI waivers.
A Note on Nurses and Allied Health: While professionals like Nurses, Midwives, Occupational Therapists, Podiatrists, and Radiographers are unfortunately listed as ineligible for the top-tier LMI waivers by ANZ, CBA, and Bankwest, they often fall under other valuable “Essential Services” policies detailed on here!
Important Lending Criteria Highlights for LMI Waivers
- Registration is Key: Eligibility often requires active registration with the Australian Health Practitioner Regulation Agency (AHPRA) or the relevant veterinary board.
- Repayment Type: Most LMI waivers generally require the loan to be Principal and Interest (P&I) repayments.
- Loan Purpose/Security: Some waivers (e.g., CBA’s Professionals Offer) specifically exclude land and/or construction loans. Construction loans and vacant land are also excluded from HSBC’s Medico policy. However, Bankwest’s LMI waiver can be used for refinance, purchase, construction, or renovation of investment or owner-occupied property.
Increase Your Borrowing Power Through Income Assessment
Beyond LMI waivers, your role in essential services often leads to more flexible income assessment policies, helping you qualify for a larger loan than a general consumer might.
Overtime, Allowances, and Essential Services
If you are a nurse, paramedic, firefighter, police officer, or doctor, your income capacity is often boosted due to “Essential Services” policies.
- 100% Overtime & Allowances: Lenders like Bankwest, Suncorp Bank, and Great Southern Bank recognise that overtime is often regular and ongoing in the Health Care and Emergency Services industries. These lenders will use 100% of your verifiable overtime and allowances in their serviceability assessment, compared to the general rule where usage might be shaded or capped.
- Casual Income Stability: If you are a casual employee in the Health Care or Emergency Services industry, Bankwest is more flexible, needing only a minimum of three months’ employment history for your application
Self-Employed Advantages
If you are a self-employed professional, particularly a doctor, specialist, or dentist (verified via AHPRA), some lenders exempt you from the standard lengthy trading history requirements (often 18 months or 2 years ABN registration) for non-LMI loans. This exemption applies at ANZ, meaning you may proceed with standard income verification despite a shorter self-employment period.
Salary Sacrifice
If your employment is in public health, social work, or charity work, and you benefit from salary sacrifice arrangements, Macquarie allows up to 100% of the salary sacrifice ‘tax free’ arrangement to be used for servicing, provided confirmation is supplied that the amount is convertible to gross taxable income and is provided regularly.
Beyond the Standard Home Loan
- Construction Loans: Available for building or renovating, although often excluded from LMI waivers. WLTH offers up to 95% LVR for owner-occupied construction loans (P&I).
- Family Guarantee/Pledge: Allows family members to offer equity in their property as security to help you avoid LMI and borrow the full purchase price. BOQ’s Family Guarantee is specifically introduced to help First Home Buyers enter into a guarantee arrangement with less lengthy documentation.
- Debt Consolidation & Cash Out: Generally acceptable across multiple lenders. Note that Bankwest’s Medical Professional LMI waiver excludes using the loan for family support guarantees.
The Next Steps
- Gather Professional Evidence: Have your AHPRA registration details, or relevant professional board membership readily available to verify your eligibility for professional packages.
- Verify Income Documentation: Collect recent payslips and tax documents. If relying on overtime or allowances, ensure documentation evidences regularity over the required minimum period (often 3 to 6 months).
- Seek Tailored Advice: Lenders’ specific eligibility criteria and maximum LVRs vary significantly, especially for nurses and allied health professionals. Discussing your unique income structure (like tax-free salary sacrifice or essential overtime) with a BDM or expert broker is highly recommended to maximise your benefits.
Ready to Save $15,000–$30,000 on Your Home Loan?
Book a free 15-minute assessment and we’ll tell you exactly what an LMI waiver, full overtime recognition and the right lender could mean for you – no obligation, no jargon.
- The lender pays us, it costs you nothing
- No obligation, no pressure
- MFAA-accredited · 20+ years in finance