Home Loans for Medical Specialists

Medical specialists occupy some of the highest-earning professions in Australia — and yet navigating a home loan with complex specialist income (private billing, VMO fees, procedural allowances) can be surprisingly difficult. Lend & Loan exists precisely for this. We get specialists approved, fast.

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🏥 AHPRA Eligibility — Medical Specialists

Lender classification: Group 1 — Specialist (as identified in AHPRA: Profession: Medical Practitioner, Registration Type: Specialist)
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 medical specialists $20,000–$50,000 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 medical specialists, 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 medical specialist 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 medical specialist 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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Frequently Asked Questions

What qualifies as a 'Specialist' under lender policy?

Lenders follow AHPRA's definition: Medical Practitioner Registration Type: Specialist. This includes surgeons, cardiologists, anaesthetists, radiologists, psychiatrists, and all recognised medical specialties. We confirm eligibility upfront.

I'm still a registrar — can I access medical professional loans?

Some lenders extend benefits to advanced registrars or those with a confirmed fellowship offer. We'll identify the right lenders for your stage.

My income is a mix of VMO and private billing — how do lenders assess this?

This is one of our specialties. We know exactly how to present and document complex specialist income so lenders assess your full earning capacity.

Can I borrow for a practice premises as well?

Yes — commercial property lending for medical practice premises is something we can also assist with. Ask us about combined residential and commercial structuring.

⚠️ 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 GPs Home Loans for Dentists SMSF Property Loans How Much Can I Borrow? 5% Deposit Guide Refinancing Guide

Ready to Unlock Your Medical Specialist 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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