03 7042 9127

Our Services

If You Need Any Help Contact With Us

03 7042 9127

Get A Free Quote

Name(Required)
Home Loan Experts in Healthcare professional

Healthcare professional home loans: deposit pathways, occupation tiers, and verification

In Australia, many banks have created specialist home loan policies for healthcare workers. Lenders generally consider health professionals low-risk, which is why special loan products exist for this group. These policies may let you enter the market with a deposit of less than 20% and still avoid paying LMI. Each lender sets its own rules, so applicants need to check the current policy that applies to their profession.

How deposit and LVR bands work for health roles

The standout feature is access to a higher loan-to-value ratio (LVR) without LMI. Some lenders publish that doctors and dentists can borrow up to 95% of a property’s value without triggering LMI, which leaves only a 5% deposit plus other purchase costs. Other banks draw a distinction between different roles. For instance, nurses and midwives may be approved for up to 90% LVR without LMI, provided they also meet a specified income requirement. These bands are not uniform across the industry; every bank sets its own caps, limits and qualifying criteria.

Occupation tiers and income thresholds

Healthcare lending policies often apply tiers. At the top are medical and dental practitioners, who usually have the broadest access to 95% LVR settings. Other health professionals may still be eligible, but under tighter rules. For example, nurses and midwives are often linked to a 10% deposit pathway, with approval dependent on a minimum salary level. Lenders may also restrict the total loan size available under these policies. Because the lists and thresholds change, applicants should always confirm that their specific occupation is covered before they apply.

Registration checks and professional standing

Alongside occupation, lenders want to see proof that the applicant is registered to practise. In most cases, this is verified through the AHPRA register, which covers a wide range of health professions. If the role is licensed by a state or territory body, documentation from that authority may be required instead. Not all categories of registration are accepted; limited or provisional registration may prevent access to higher LVR settings. Making sure your record is active and easy to verify can prevent hold-ups in the approval process.

Assessment remains standard even with no-LMI settings

An LMI waiver does not replace the usual credit checks. Banks still need to see evidence of income, liabilities, and credit history, and will also assess the property itself to make sure it meets lending standards. Borrowers should remember that a waiver only changes the upfront insurance cost. The interest rate, product fees and features such as offset or redraw vary from bank to bank, so the total cost of the loan needs to be compared carefully.

Costs and timing considerations

Waiving LMI can remove one of the bigger upfront charges on a home loan, but it doesn’t clear away every expense. Buyers still need to set aside funds for stamp duty, conveyancing and legal fees, building inspections and moving costs. Another factor is timing. Banks update their professional lending policies quite often, adjusting things like eligible occupations, deposit requirements and maximum loan amounts. If you’re house-hunting, it pays to double-check the lender’s latest criteria rather than rely on figures you heard months ago.

Practical next steps

Healthcare workers considering these offers should start by confirming that their role appears on the current eligibility list and note the highest LVR permitted for that stream. Collect proof of both registration and income, since most banks will ask for it early in the process. If your role has an income threshold attached, make sure you meet it before you sign a contract. Examples in the market include 95% LVR no-LMI for doctors and 90% LVR no-LMI for nurses and midwives, but these are published by individual lenders, not the industry as a whole. Treat them as bank-specific examples and check the details carefully before you apply.

How can we help you?

I want to purchase a home
I want to refinance 
 
 
 
 
  EXCELLENT  
 Google star 1Google star 2Google star 3Google star 4Google star 5 
 Based on 234 reviews 
  
 
 
 
 
 
 
 
  
 
 
 
 Posted on Google Google 
 
 ashwini reddy profile picture 
 
 
 ashwini reddy 
 
 
 
 Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google. 
As a first home buyer along with my husband, I had a wonderful experience working with Mayur. He guided us throughout the entire process, gave us the right advice at every stage, and was always quick to respond whenever we needed help. Mayur made everything so smooth and stress-free for us. I truly appreciate his support and would highly recommend him to anyone looking for a trustworthy and professional loan broker.
  
 
  
 
 
 
 Posted on Google Google 
 
 Rishabh Hirawat profile picture 
 
 
 Rishabh Hirawat 
 
 
 
 Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google. 
We are first home buyers in Australia and we approached Mayur through our friend. He helped us throughout the process, provided the right guidance, and was highly responsive. Mayur made the entire journey smooth and stress-free, always going the extra mile to support us. We would highly recommend him to anyone looking for a reliable and professional loan broker.
  
 
  
 
 
 
 Posted on Google Google 
 
 Oosman Abdul Kader profile picture 
 
 
 Oosman Abdul Kader 
 
 
 
 Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google. 
Exceptional service by Mayur. Made the loan approval a walk in park for me.
  
 
  
 
 
 
 Posted on Google Google 
 
 Ash profile picture 
 
 
 Ash 
 
 
 
 Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google. 
Mayur was absolutely amazing with ensuring my loan refinance was done in a very orderly and easy manner! He would guide me step by step so I was never overwhelmed and would have prepared many things in advance to ensure a smooth transition of the process! Very grateful for his support and I will always highly recommend Mayur for his excellent Customer service and support! Keep up the great work and will always come to you for future projects! Thanks Aashu
  
 
  
 
 
 
 Posted on Google Google 
 
 sukhjinder singh profile picture 
 
 
 sukhjinder singh 
 
 
 
 Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google. 
I’ve refinanced a couple of times since getting my home loan from him over the past four years, and each time the process has been smooth and stress-free. Highly recommended
  
 
  
 
 
 
 Posted on Google Google 
 
 Vasu Vasu profile picture 
 
 
 Vasu Vasu 
 
 
 
 Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google. 
Best and easy . Thanks alot mayur
  
 
  
 
 
 
 Posted on Google Google 
 
 Jayesh Patel profile picture 
 
 
 Jayesh Patel 
 
 
 
 Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google. 
We have had an excellent experience with Mayurbhai and his  team. They are extremely knowledgeable and helped us through the whole process of investment property loan . Highly recommend this team, you will not be disappointed with the service you receive.
Thank you once again
  
 
  
 
 
 
 Posted on Google Google 
 
 Parag patel profile picture 
 
 
 Parag patel 
 
 
 
 Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google. 
I applied for a loan for my investment property (house and land), and the experience with Loan Easy was excellent. The staff were very friendly and helpful, and their responses were quick and efficient. I received my pre-approval within just two days. I highly recommend Loan Easy for anyone looking for a smooth and hassle-free loan process.
  
 
  
 
 
 
 Posted on Google Google 
 
 Nilesh Shukla profile picture 
 
 
 Nilesh Shukla 
 
 
 
 Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google. 
The experience has been good with Mayur. I am in the processs of refinancing a loan with them.
  
 
  
 
 
 
 Posted on Google Google 
 
 Mayilvahanan G profile picture 
 
 
 Mayilvahanan G 
 
 
 
 Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google. 
Excellent service by Mayur for refinancing our loan. Very clear communication and kept us updated constantly. Highly recommend.

Access to these lenders and more

Sydney construction mortgage broker
Our Service Benefits

Frequently asked questions

Refinancing involves replacing your current mortgage with a new one—typically with better interest rates or features—and can help lower your monthly payments, reduce total interest over time, or access equity in your property.

Yes. Refinancing can allow you to consolidate high-interest debts (like personal loans or credit cards) into your mortgage. This often simplifies repayments and may lower your overall interest costs, but it’s essential to weigh the extended loan term.

Some lenders offer cashback when you refinance—a lump-sum incentive for switching your loan. These can help offset upfront costs like legal fees but always compare the overall cost of the loan, not just the cashback.

To find affordable refinance deals, compare current interest rates, fees, and special offers across lenders. Use rate comparison tools or consult a mortgage broker to identify competitive options with low rates and manageable costs.

The best refinance offer combines a low interest rate, reasonable fees, flexible loan features (like offset accounts), and good service. The "cheapest" isn't always best if it lacks conveniences that save you money or effort in the long run.