Many lenders offer up to 90–95% of the property value for eligible medical professionals without the need for Lenders Mortgage Insurance (LMI).

For example:

1. Doctors, dentists, and some allied health professionals can often borrow up to 95% LVR (Loan-to-Value Ratio) without LMI.
2. Other professionals may be capped at 90% LVR, depending on occupation and lender policy.

Your eligibility will depend on your income stability, credit history, and professional status.

Yes — lenders recognise the strong earning potential and lower credit risk of medical professionals. Benefits can include:

1. No LMI for loans up to 90–95% LVR.
2. Discounted interest rates and fee waivers.
3. Flexible assessment of income, including allowances, overtime, and private practice income.
4. Higher borrowing capacity compared to standard applicants.

We work with a range of lenders who have dedicated “medical professional” lending policies.

If you plan to bid at auction, you’ll need:

1. Formal loan pre-approval in place before auction day.
2. A 10% deposit (usually payable immediately if you’re the successful bidder).
3. A clear understanding that auction purchases are unconditional – there’s no finance or cooling-off period once the hammer falls.

We recommend arranging pre-approval early and reviewing the contract of sale with your solicitor before the auction.

Yes, you can access equity from your current home or investment property to fund another purchase or investment.

For example, if your home is valued at $1.2 million with a $600,000 loan, you may have up to $360,000 in usable equity (depending on lender policy).

This strategy can help you expand your property portfolio without needing to save a full deposit.

Yes — in many cases, you can renegotiate your current loan with your existing lender instead of going through a full refinance. This process is often called a “rate review” or “loan repricing.”

Benefits include:

1. No application or discharge fees, since you’re staying with the same lender.
2. No impact on your credit file, as you’re not applying for a new loan.
3. Faster turnaround, often within a few days.

However, if your lender won’t offer a competitive rate or your loan structure needs updating, a full refinance may provide greater savings or flexibility. We can compare both options and negotiate directly with your lender on your behalf.

If you operate through a company, trust, or your own ABN, lenders will typically require:

1. One year of personal and business tax returns.
2. Business financial statements (profit & loss, balance sheet).
3. BAS statements or interim financials if your latest returns are not yet lodged.

Some lenders offer low-doc or alt-doc options for medical professionals with strong cash flow but limited documentation. We’ll help identify which lenders best suit your financial structure and career stage.

We understand that newly qualified medical professionals often have strong future earning potential but limited savings or short employment history. The good news is that several lenders offer special lending programs for new graduates, allowing you to get into the property market sooner.

We can assist by:

1. Arranging pre-approvals based on signed employment contracts or hospital placements.
2. Accessing up to 95% LVR with no LMI, even for recent graduates.
3. Working with lenders who recognise intern or registrar income as part of your borrowing capacity.
4. Structuring your loan with flexibility as your income grows and career develops.

Whether you’re about to start your first role or completing your residency, we’ll guide you through the process and secure a lender that understands your profession and career path.