Mortgage Brokers for Doctors

Yes, doctors and other medical professionals are eligible for special home loan benefits in Australia. Due to their stable incomes, they are considered low-risk borrowers, and therefore, several lenders offer them loans with low deposits, interest rates, and no LMI. At Original Wealths, we are familiar with all such benefits and ensure you avail of them during your home loan journey.

Unlike other borrowers, doctors don’t usually have a minimum deposit requirement of 20%. So, they can potentially borrow 100% of their property value, but this could vary depending on their individual circumstances and the lenders they are considering. At Original Wealth, we match you with suitable lenders and ensure you secure favourable rates and terms.

Yes, all medical professionals qualify for loans irrespective of their experience level. However, not all lenders might not offer exclusive benefits to junior doctors or interns with limited employment history. Connect with our mortgage brokers, and we will help you secure a lending product that best suits your financial goals and position.

You can always find mortgage products on your own, but if you wish to streamline your search, maximise your borrowing potential and simplify the application and approval process, you must connect with a mortgage broker specialising in doctor loans. Our investment and home loan brokers for doctors will help you access doctor-only benefits and ensure you make optimal financial decisions.

Yes, you can refinance your existing mortgage as a doctor. Refinancing often opens opportunities to save on interest rates, achieve better loan terms and even consolidate debt. The actual benefits vary from person to person depending on their unique loan position and circumstance. Trust us to conduct a thorough loan health check and guide you in the right direction.

Several medical professionals are eligible for doctor-only loans, including but not limited to –

• General Practitioners (GPs)
• Specialists (e.g. Cardiologists, Dermatologists)
• Surgeons
• Anaesthetists
• Radiologists
• Psychiatrists
• Dentists
• Orthodontists
• Veterinarians
• Pharmacists
• Optometrists
• Chiropractors

To check your eligibility, get in touch with us.

Several lenders offer super-fast approval for doctors. With the right documentation, you can get the approval within 1-5 business days. With our experts by your side, you can fast-track the entire process. We will ensure an error-proof application and no unexpected delays.

You must submit proof of your profession to secure a doctor’s home loan. This can include –

• AHPRA registration
• Medical Degree
• An employment contract or a recent payslip from a hospital, clinic, or practice
• ABN and business registration (if self-employed)
• Proof of current role or position title

Only high-income, low-risk roles are eligible for lender mortgage insurance waivers. It excludes –

• Nurses
• Paramedics
• Occupational Therapists
• Speech Pathologists
• Dietitians & Nutritionists
• Podiatrists
• Aged Care Workers
• Mental Health Support Workers

Yes, doctors can extend their loan benefits to purchase an investment property, but the terms will vary from lender to lender. So, it is important that you do your research and connect with lenders who can accommodate your unique requirements. For more information, get in touch with our mortgage brokers for doctors.