Free Assessment
Medico Package — LMI Waived Up to 95% LVR

Home Loans for Medical Professionals

Doctors, dentists, specialists, physiotherapists, chiropractors, optometrists and vets — access preferential lending that rewards your profession. No 20% deposit. No LMI.

Get a Free Assessment Calculate Borrowing Power
77 × 5-Star Google Reviews
🏦 50+ Lender Panel
🩺 Medico Lending Specialists
📋 MFAA Accredited
💼 10 Years Experience

What Is the Medico Package?

The Medico Package is a preferential home loan policy offered by major Australian banks and lenders specifically for registered healthcare professionals. It allows eligible borrowers to access loans at up to 90-95% LVR with Lenders Mortgage Insurance (LMI) entirely waived — a saving of $20,000 to $50,000+ on a Sydney property purchase.

To qualify, you must be registered with AHPRA (or the relevant state veterinary board) under an eligible profession with Generalist or Specialist registration. John Pierre Saliba at Lend & Loan specialises in medico lending and can confirm your eligibility, compare lenders, and structure your application for first-pass approval.

Eligible Professions — Select Your Profession Below

Each profession has a dedicated page with full eligibility detail, FAQs, and tailored lending information:

⚠ Ineligible Professions

The following healthcare professions are not eligible for the Medico Package — lenders have specifically excluded them from this policy:

Nurse Midwife Occupational Therapist Osteopath Pharmacist Podiatrist Psychologist Radiographer Dental Hygienist Oral Health Therapist Dental Prosthetist Herbal Medicine Practitioner Medical Radiation Practitioner

If your profession is listed above, we can still help — speak with us about alternative low-deposit strategies including guarantor loans and the First Home Guarantee.

Medico Package vs Standard Home Loan — What's the Difference?

FeatureStandard BorrowerMedico Package Eligible
LMI at 90% LVR✘ LMI payable (~$15K–$30K)✔ LMI waived
LMI at 95% LVR✘ LMI payable (~$35K–$50K)✔ LMI waived
Minimum deposit for no LMI20% ($300K on $1.5M property)5% ($75K on $1.5M property)
Income assessmentStandardMedico-aware — some lenders more generous
Complex income structuresMay be penalisedExperienced lenders understand specialist income

Frequently Asked Questions

Which medical professionals qualify for LMI-free home loans?
Under the Medico Package, Group 1 professions (GPs, dentists with 'Dentist' AHPRA division, and medical specialists) and Group 2 professions (physiotherapists, chiropractors, optometrists, and veterinarians) all qualify for LMI-waived lending at up to 90-95% LVR. Registration must be verified with AHPRA or the relevant veterinary board, and must be Generalist or Specialist type — not provisional or limited.
Do nurses qualify for the Medico Package?
No. Nurses are specifically listed as an ineligible profession by lenders operating the Medico Package. The same applies to midwives, occupational therapists, pharmacists, radiographers, and other allied health professions not listed in Group 1 or Group 2. We can help nurses explore other low-deposit options.
How much LMI can a medical professional save?
On a typical Sydney property purchase at 95% LVR, LMI savings for eligible medical professionals range from $20,000 to $50,000+, depending on the loan amount. On a $2M purchase with a 5% deposit, LMI would typically cost around $60,000 for a standard borrower — waived entirely under the Medico Package.
Is the Medico Package available from all lenders?
No — not all lenders offer the Medico Package, and those that do each have slightly different eligibility criteria, maximum loan amounts, and LVR caps. We compare policies across our 50+ lender panel to find the lender whose Medico Package terms are most favourable for your specific situation.
Can self-employed medical professionals access the Medico Package?
Yes. Self-employed doctors, dentist practice owners, physio clinic owners, and other self-employed eligible professionals can access Medico Package benefits. The income assessment is more complex — lenders typically require 2 years of tax returns — but the LMI waiver benefit is still available.

Your Sydney Medico Lending Specialist

JS
John Pierre Saliba
Bachelor of Business & Commerce · Diploma in Mortgage Broking & Finance
Advanced Diploma in Financial Planning · MFAA Accredited Member
Australian Credit Licence: 511092 · 10 Years Experience · 77 × 5-Star Reviews

John has structured home loans for healthcare professionals across Sydney — from GP practice owners in the inner west to surgeons in the eastern suburbs. Understanding how lenders assess medical incomes, complex practice structures, and medico eligibility requirements is a core part of what we do at Lend & Loan.

With access to 50+ lenders and deep knowledge of medico lending policy, we ensure your Medico Package eligibility is correctly applied and your application is matched to the lender most likely to approve it on first pass.

Book a Free Call

Find Out What You Qualify For

Free, no-obligation assessment for all eligible healthcare professionals. We'll confirm your Medico Package eligibility and compare lender options on the same call.

02 8046 3933 info@lendloan.com.au
Get a Free Assessment Calculate Borrowing Power