Doctors & professionals
Home loans for doctors: no LMI to 95%, no games.
Lenders compete hard for medical professionals: waived lenders mortgage insurance at 90-95% LVR, sharper pricing and more generous income treatment. The catch: every lender's eligible-professions list and conditions differ, and none of them advertise the best version. That's broker territory.
Rated 5.0 from 261 Google reviews · Brisbane finance brokers
- LMI waived up to 90-95% LVR for eligible medical professionals, a five-figure saving on most purchases
- Overtime, allowances and private income treated generously by the right lenders
- Also available (with different limits) for dentists, vets, and at some lenders lawyers and accountants
How the medico waiver actually works.
Several lenders waive LMI entirely for eligible medical professionals borrowing up to 90% (and a handful go to 95%) because the data says medicos don't default. On an $800,000 purchase with 10% down, that's roughly $15,000-$18,000 of LMI that simply doesn't get charged. Eligibility usually turns on your profession (and sometimes AHPRA registration or association membership), not your income.
The lists differ by lender: GPs, specialists, dentists and vets are widely included; optometrists, pharmacists, physios and others appear on some lists and not others. Lawyers and accountants get similar (usually 90%) waivers at a smaller set of lenders. Which lender's list you fit (and which of those prices best for your loan) is a ten-minute broker question.
It's not just the waiver.
The same lenders often treat medical income more generously: higher acceptance of overtime and on-call allowances, private billings for specialists, and higher loan-to-income appetite. For junior doctors the practical effect is buying years earlier with a small deposit and no LMI; for established specialists it's structure (trusts, investment lending and practice finance), where the group's accountants and advisers plug in.
Why LINK Advance.
The lists, current.
Eligible professions and LVR caps change. We keep the live matrix across the panel, so you fit where you fit.
Beyond the purchase.
Practice finance, equipment and SMSF premises lending for practice owners: one desk, the whole picture.
The group behind it.
LINK Advisors on tax and structure, LINK Wealth on strategy, useful once incomes get serious.
Your broker, not a call centre.
Hugh, Callum and Jacob write every loan themselves: the person who meets you is the person who structures the deal, drives the approval and reprices your rate every six months after settlement. That's why 261 Google reviews name them personally.
Meet the team →261 five-star reviews, and counting.
The reviews page →Verify on Google →Callum and the team were fantastic to deal with every step of the way. As first home buyers we really appreciated Callum's simple explanations of each part of the process and we couldn't be happier with the result.
Seamless experience dealing with Hugh and the Link Advance team to refinance our home. Thank you!
Jacob and the team at LINK Advance made buying our investment property quick and painless. Would recommend
We’ve just bought our first home with the help of Callum and the team at LINK, and we couldn’t be more grateful. Callum went above and beyond, kept us informed every step of the way, and made the whole process feel easy and stress-free. Highly recommend!
Hugh has been amazing throughout the process of buying our new house. He is very approachable and knowledgable and went above and beyond what we expected to help us out. Thanks so much Hugh!
Jacob was an efficient mortgage broker. The process was made simple and constant updates were communicated. Any questions asked were responded to timely. Highly recommend Jacob.
Building a house can be so stressful and overwhelming let alone dealing with the finance aspect of it, however with Callum it has been the exact opposite. He has been so patient and extremely helpful throughout the whole process. Highly recommend!
Hugh Dellit was fantastic to work with and truly understood our needs when it came to applying for our first home loan. I would highly recommend him for his professional, kind and friendly service.
Jacob provided informative and friendly service every step of the way. He was a great comfort to us as first home buyers as we knew we were in good hands. Thanks for all of your help Jacob!
Hugh and the rest of the team were excellent at securing us a home loan. Knowledgeable, friendly, very communicative and made the entire process stress free and easy. We can’t recommend Hugh and the rest of the team at Link Advance enough.
Frequently asked questions.
Which professions get LMI waived?
Most widely: doctors (GPs, specialists, registrars, interns), dentists and vets. Depending on the lender: optometrists, pharmacists, chiropractors, physiotherapists and mid-tier health professions. Lawyers and accountants get 90% waivers at a smaller set of lenders. Each lender maintains its own list. We match you against all of them.
Do I need a big income to qualify?
No. The waiver is profession-based, not income-based. Junior doctors on registrar salaries routinely qualify. Some lenders set minimum income thresholds for the 95% tier, but the 90% tier is broadly accessible.
How much does the waiver actually save?
LMI on a 90% loan typically runs 1.5-2.6% of the loan amount, roughly $11,000-$19,000 on a $720,000 loan. Waived means zero, and unlike the First Home Guarantee there are no property price caps or first-home requirements.
Can I combine this with other benefits?
Often. A first-home medico can stack the FHOG, stamp duty relief and a waiver instead of using a Guarantee place, keeping the price caps out of the picture. The right combination depends on the purchase; that's the modelling we do before applying.
Your broker for life.
Find your waiver.
Tell us your profession and the plan. A broker will map which lenders waive LMI for you and what they'll lend. No obligation.
Call us
07 2101 4374Find us
Level 1, 57 Berwick Street, Fortitude Valley 4006
5.0 · based on 261 Google reviews