Doctors are among the most favoured borrowers in Australia. Lenders view medical practitioners as extremely low-risk which translates into one of the most generous loan benefits available. At SaaN Home Loans, we help eligible doctors purchase a home or investment property with just a 5% deposit and absolutely no Lenders Mortgage Insurance.
Eligible: General Practitioners, Specialists, Surgeons, Anesthetists, Dentists, Veterinarians.
High Borrowing Caps and 100% Income Calculations
Standard home loan assessments often reduce ("shade") variable income like overtime or bonuses to 80%. Specialist medical lenders assess doctors using aggressive, preferential criteria.
Waived Lenders Mortgage Insurance (LMI) up to 95% LVR
Standard buyers must pay expensive Lenders Mortgage Insurance if their deposit is under 20%. For doctors, select lenders completely waive this fee, even with a tiny deposit.
Flexible Credit Policies for Every Career Stage
Lenders understand the medical career pathway, from internships to private practice ownership. They offer policy exceptions that are unavailable to the general public.
Service Benefits
To qualify for these premium medical home loan benefits, you must be a registered medical practitioner with AHPRA. Eligible professions include:
FAQs
- Can I use this to buy an investment property?
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Yes. Eligible doctors can access 5% deposit and no LMI for both owner-occupied and investment purchases.
- Do I need to be fully registered?
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Yes. You must hold current general or specialist registration with AHPRA. Provisional registration may not qualify.
- Can I borrow jointly with a non-medical partner?
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In many cases, yes as long as the medical professional is the primary applicant. We confirm this with the specific lender.
- Are there income requirements?
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Some lenders have minimum income thresholds. We clarify all requirements during your free consultation.
Step 1: The Strategy Session (Kick-Off)
A 15-minutes deep dive into your goals.
Step 2: The Digital Vault (Document Collection)
Upload your essential documents.
Step 3: The Blueprint (Pre-Approval)
We will find the most suitable product as per your needs.
Step 4: The Green Light (Formal Approval)
Loan agreement ready to sign off.
Step 5: The Handover (Settlement)
Legal ownership transferred and keys handover to you.
Step 6: The Watchdog (Post-Settlement)
We will keep in touch until your loan is paid-off.
