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We save doctors an average of on their home loans through special interest rates and discounts
Struggling to find your first home loan as a busy medical professional?
We're here to help.

Benefits of home loans for medical professionals

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No Lender's Mortgage Insurance (LMI)

You don't have to pay lender's mortgage insurance which saves you on average $19,000 for $800,000 loan amount when borrowing 90% of the property value

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Exclusive interest rate discounts

For the life of your loan, recieve negotiated discounts below a bank's advertised rate.

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Cashback offers

From some lenders, you can get up to $2,000 in cashback.

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Lower deposits

Some lenders may give you special offers when you apply for a home loan.

Struggling to find your first home loan as a busy medical professional? We're here to help.
Talk to a broker

Do you qualify for a home loan?

Some lenders are willing to provide specialised homeloans to a wide range of emerging and experienced medical professionals.

Home loans for medical professionals are usually targeted towards doctors, vets, allied health professionals and dentists. However, other medical professionals can also qualify.

Criteria you must meet to be eligible

  • Be a member of a recognised industry association such as the Medical Practitioners Board of australia
  • Australian Association of Practice Managers, Australian Dental Associatoin(ADA), etc
  • Have an occupation that the lender recognises as an acceptable occupation

Documentation needed

  • Personal identification documents: this includes primary photo identification (e.g. current passport, driver's licence) or secondary identification (e.g. birth certificate, Medicare card)
  • Income details: recent payslips, payment summaries from your employer, your ABN and ATO tax assessments (if your're self-employed), a signed lease and recent rental statement (if you have rental income)

Every lender will have a unique set of eligibility criteria and acceptable professions which they will take into consideration when assessing your application.

You can read our checklist here for a more in depth look on the criteria and documentation needed.

Who is eligible for medical home loans?

Anaesthesiologists Epidemiologist Oncologists Plastic Surgeons
Anaesthetists Endocrinologists Ophthalmologists Psychiatrists
Anaesthesiologists Epidemiologist Oncologists Plastic Surgeons
Anaesthetists Endocrinologists Ophthalmologists Psychiatrists
Cardiologists Gastroenterologists Optometrists Psychologists
Chiropractors Gynaecologists Orthodontists Radiologists
Cosmetic surgeons General Practitioners Paediatricians Rheumatologies
Dentist Intern Doctors Pathologists Surgeons
Dermatologiests Immunologists Pharmacists Urologists
Doctors Neurologists Veterinarians
Obstetricians

What doctors are getting


Average interest yearly savings
Cashback
Invested per customer to an environmental charity

What are the benefits of using a mortage broker when applying
for your home loan?

When applying for a home loan, you can either apply directly to a lender or use a mortgage broker to assist you with your applicatio. As broker we:

  • Research and Compare home loans across 30+ banks and lenders to find you the best interest rate on the market.
  • Provide you with personalised advice relevant to help you make a confident and informed decision and save you the hassle of filling out complex paperwork.
  • Assist you in developing and submitting your application to save you the hassle of researching and filling out complex paperwork.

Don't charge you money to use our service. it's free. Banks and lenders pay commision to brokers.

Hear from others how BFG is making a difference

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