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We understand your profession
Let’s understand your home loan options
Your circumstances as a medical professional can be different from a standard borrower.
Answer a few quick questions and our team can help you understand your potential borrowing position, deposit options and which lending policies may suit your situation.
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BOOK A FREE CONSULTATIONYour Complete Guide to Doctor Home Loans in Australia.
How Doctor Home Loans Work
Understand what makes medical professional lending different from a standard home loan, including specialist policies, LVR options and lender criteria.
Explore this topic →How Much Can a Doctor Borrow?
Learn how lenders may assess your income, existing debts, living expenses and overall financial position.
Explore this topic →Can Doctors Get a Home Loan With a 5% Deposit?
Understand how higher-LVR lending can work for eligible medical professionals.
Explore this topic →How Does the Medical Professional LMI Waiver Work?
Find out how specialist medical lending policies may reduce or remove LMI for eligible applicants.
Explore this topic →HECS/HELP Debt & Your Borrowing Capacity
Understand how HECS/HELP repayments may be considered when lenders assess borrowing capacity.
Explore this topic →Home Loans for Medical Residents & Registrars
Learn what residents and registrars should know about income, employment history, future earning potential and lender policies.
Explore this topic →Home Loans for Locum Doctors
Understand how lenders may assess locum income, employment history and supporting documentation.
Explore this topic →Home Loans for Self-Employed Doctors
Learn how lenders may assess practice income, company structures, business expenses and financial statements.
Explore this topic →Overtime, Shift Allowances & Locum Income
Discover how lenders may treat overtime, penalties, allowances, bonuses and additional medical income.
Explore this topic →Documents Doctors Need for a Home Loan
Get organised before you apply, from payslips and tax returns to employment and business records.
Explore this topic →How Much Can a Doctor Realistically Borrow for a Home?
The question every doctor should ask before starting their property search.
As a Medical professional, you may have a strong income and access to lending options that aren't necessarily available to every borrower.
But that doesn't automatically mean you should borrow as much as a lender is willing to offer.
- What you can borrow
Your potential borrowing capacity based on income, existing debts, expenses, loan commitments and lender criteria. - What you can comfortably afford
The level of debt and repayments that fit comfortably within your lifestyle and financial commitments. - What you should spend
The property price that makes sense for your current circumstances, career trajectory and longer-term goals.
These three numbers can be very different.
What determines how much you can borrow?
A lender will generally look at a range of factors, including:
Income
How you earn your income can affect borrowing capacity.
- Base salary
- Overtime
- On-call income
- Allowances
- Private practice income
- Other assessable income
Existing commitments
- Existing home loans
- Personal loans
- Credit cards
- HECS/HELP debt
- Car finance
- Investment loans
Living expenses
Household spending is another important consideration.
Doctors with the same income can have different borrowing capacities due to their commitments and expenses.
Deposit and available cash
Your deposit isn't the only cash you'll need. Consider purchase costs and an appropriate cash buffer after settlement.
A $1.5 million property doesn't necessarily mean a $1.5 million decision
Two medical professionals may both afford a $1.5M home, but one may choose a $1.2M property to maintain greater flexibility and liquidity, especially with future career, family, or training plans in mind.
The bank may give both borrowers similar options. Their appropriate decisions may be completely different.
Borrowing capacity is a starting point, not a target.
Questions doctors should ask before deciding their budget
Before beginning your property search, consider:
Where Am I in my career?
Are you an intern, resident, registrar, new specialist or established specialist?
Is my income likely to change?
Consider upcoming fellowship, specialist training, private practice or other career changes.
How important is financial flexibility?
Would you rather maximise your home or retain more cash flow and liquidity?
What does my life outside medicine look like?
Consider partner, children, schooling, travel, hobbies, location, commute and future plans.
The biggest mistake?
Confusing borrowing capacity with affordability.
A lender's assessment: “How much are we prepared to lend?”
Your personal decision: “How much debt am I comfortable carrying while still living the life I want?”
Those aren't necessarily the same question.
The Medical Professional Home-Buying Formula
Before deciding on a property price, think about:
APPROPRIATE PROPERTY BUDGET
Use that borrowing power strategically.
As a medical professional, your income may give you significant borrowing power.
The objective isn't necessarily to buy the most expensive home you can afford. It's to find the right balance between:
🏠 The home you want today
+
🌿 The financial flexibility you want tomorrow.
This content is for general educational purposes only and does not constitute personal financial, lending, tax or investment advice. Individual borrowing capacity and suitable property budgets depend on personal circumstances and lender criteria.
Meet Ronil Shah
As a former banker with over a decade of finance experience, I've seen firsthand how traditional lenders misunderstand medical professionals' complex income structures.
I transitioned to being a specialist doctor mortgage broker to sit on your side of the table. Having settled over $500 million in home loans for medical professionals Australia-wide, my goal is simple: to leverage my insider banking knowledge and deep lender relationships to negotiate the exclusive LMI waivers and premium structures you deserve.
I handle the heavy lifting and the bank negotiations of your doctor mortgage loan so you can focus on your practice and your patients.
I know how bank credit assessors evaluate complex medical incomes, shift penalties, locum contracts, and trust structures.
Trusted by professionals Australia-wide for high-value purchases, complex portfolios and tailored doctor mortgage solutions.
Structure loans correctly from day one for greater flexibility as you build a long-term property portfolio.
Understand your potential doctor home loan position
Use the guide as a starting point, then speak with a specialist to understand how your income, deposit, debts and career stage may affect your options.
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