Home Loans for GPs & General Practitioners

As a GP, you've spent years building your clinical expertise and earning capacity. Your mortgage should reward that. Lend & Loan specialises in home loans for general practitioners — giving you access to LMI waivers, higher borrowing limits, and lenders who truly understand how GP income works.

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🏥 AHPRA Eligibility — GPs & General Practitioners

Lender classification: Group 1 — Medical Practitioner
Registration must be verified on the AHPRA website (or relevant veterinary board for vets). Eligible registration types: Generalist Registration or Specialist Registration.
Provisional, Limited, and Non-practising registrations are generally not eligible — though temporary non-practising (e.g. parental leave) may be assessed by Credit Assessment.

What Is the Medical Professional (Medico) Package?

Select Australian lenders offer a Medical Professional Package — also called the Medico Package — to registered healthcare practitioners. The core benefit is a waiver of Lenders Mortgage Insurance (LMI) on loans up to 95% LVR, saving eligible gps & general practitioners $15,000–$40,000 upfront.

LMI is normally required when you borrow more than 80% of a property's value. For most Australians, this means an additional cost of tens of thousands of dollars. For eligible gps & general practitioners, it's waived entirely — because lenders recognise the stability and earning trajectory of registered healthcare professionals.

Why Choose Lend & Loan?

Income Types We Can Assess

Not all brokers know how to correctly present general practitioner income. We do. We regularly work with all income structures including:

How It Works

1

Confirm AHPRA Eligibility

We verify your registration status and confirm your eligibility for the Medico Package across our lender panel.

2

Income Assessment

We review your full income picture — PAYG, billings, practice distributions, locum work — and calculate your true borrowing capacity.

3

Lender Comparison

We compare 50+ lenders to find the best rate and policy for your specific general practitioner income structure.

4

Application & Settlement

We handle all paperwork, lender communication, approval, and settlement — so you can focus on your patients.

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No cost. No obligation. Just clarity on what you qualify for.
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Frequently Asked Questions

Do all GPs qualify for the LMI waiver?

Eligibility requires AHPRA registration as a Medical Practitioner (GP) with Generalist or Specialist registration. Provisional or non-practising registration typically does not qualify — though temporary absence (e.g. parental leave) may be assessed case by case.

I'm transitioning from hospital to private practice — can I still get approved?

Yes. We specialise in presenting complex GP income transitions. Lenders assess your AHPRA registration, career trajectory, and overall income picture — not just the last 2 years of tax returns.

What's the maximum I can borrow as a GP?

Most medical-specialist lenders assess GPs at 6–8× annual income. With LMI waived and up to 90-95% LVR available, GPs can often borrow significantly more than a standard borrower.

Can I use this for an investment property?

Yes. Medical professional lending policies often extend to investment loans. We'll compare lenders to find the best structure for your specific situation.

⚠️ Important: Not All Allied Health Professions Qualify Under lender Medico Package policies, the following professions are typically not eligible for LMI waivers: Nurses, Midwives, Occupational Therapists, Osteopaths, Pharmacists, Podiatrists, Psychologists, Radiographers, Dental or Oral Health Therapists/Hygienists, and Dental Prosthetists. If you're in one of these professions, we can still find you a competitive home loan — just through different channels.
JPS
John Pierre Saliba
Mortgage Broker & Director — Lend & Loan | MFAA Accredited | ACL 511092
Bachelor of Business & Commerce · Diploma in Mortgage Broking · Adv. Diploma Financial Planning
10+ years experience · 77 × 5-star Google reviews · 50+ lender panel
Specialist in medical professional lending across Sydney

🔗 Related Services & Guides

All Medical Professional Loans Home Loans for Specialists Home Loans for Dentists SMSF Property Loans How Much Can I Borrow? 5% Deposit Guide Refinancing Guide

Ready to Unlock Your General Practitioner Home Loan Benefits?

Book a free consultation with John Pierre Saliba. We'll confirm your LMI waiver eligibility, assess your full income, and compare 50+ lenders to find your best rate — at no cost to you, ever.

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