Unlocking Industry-Specific LMI Waivers & Higher LVR Limits
Medical professionals hold a distinct position in the Australian mortgage landscape. Due to the historical income stability and low credit risk associated with medical careers, selective major banks and specialist lenders offer industry-specific policy waivers that are unavailable to the general public. These policies allow qualified medicos to borrow higher loan-to-value ratios (LVRs) without paying Lenders Mortgage Insurance (LMI).
Selective Australian lenders offer LMI waivers up to 90 per cent or 95 per cent LVR for eligible medical practitioners, general practitioners, dentists, and medical specialists, potentially saving tens of thousands of dollars in upfront fees. At Credoleap Finance, our broking service comes at zero cost to you. We help you navigate these professional credit policies across our panel of 40+ lenders to ensure you secure the full policy benefits your qualification earns.
Accurately Assessing Complex Medical Income Structures
The financial profile of a medical professional often involves complex income streams. Whether you are a hospital registrar earning significant overtime and call-out allowances, a locum working across multiple health networks, or a specialist operating through a private practice or service trust structure, standard automated bank calculators frequently misinterpret your earning potential.
Selective lenders on our panel accept 100 per cent of overtime, call-out pay, and allowance income for medical staff, whereas standard policies shade these variable earnings by up to 20 per cent. We present your full income structure accurately to credit underwriters, ensuring contract rotations, private billings, and allowance payments are fully credited toward your total borrowing power.
Your Medico Home Loan Journey, Step by Step
Career & Income Structure Review
Many lenders waive Lenders Mortgage Insurance for medical professionals, even with less than 20% deposit.
Medico Policy Matching
Access higher borrowing limits based on your future earning potential.
Pre-Approval LMI Exemption
We know which lenders are most favourable when it comes to HECS/HELP debt.
Settlement & Ongoing Support
Doctor & Medico FAQs
Yes. Selective Australian lenders waive LMI for eligible medical professionals on LVRs up to 90 or 95 per cent, subject to registration and qualification guidelines.
While standard policies shade variable income, medico-focused lender policies can accept up to 100 per cent of regular overtime, call-out allowances, and verified locum earnings.
Yes. As long as continuous employment within the health sector can be demonstrated, selective lenders accommodate hospital rotation contracts without requiring standard probation periods.
Generally, eligible roles include general practitioners, medical specialists, dentists, veterinary surgeons, and optometrists, though exact lists vary by lender.
Our service is 100 per cent fee-free for all clients. We are paid by the selected lender upon loan settlement.