I’m a Doctor (Healthcare Professional)
What Is a Medical Professional Home Loan?
As a healthcare professional, you play a vital role in society, and many banks and lenders recognise this by offering special home loans and medical home loan deals.
These exclusive mortgages provide unique benefits, such as lower deposits and reduced interest rates and fees.
If you’re looking to purchase a home for your family or invest in property to grow your wealth, home loans for medical professionals could make a significant difference to your financial future.
What Are The Benefits?
Whilst each home loan is different, you could benefit from:
- Borrow up to 95% with no Lender’s Mortgage Insurance requirements
- Special lower interest rates
- Reduced fees
Who Is Eligible?
Eligible professions include:
- General practitioners
- Anaesthesiologists & anaesthetists
- Cardiologists
- Chiropractors
- Cosmetic surgeons
- Dentists
- Dermatologists
- Doctors, intern doctors &
- Epidemiologists
- Endocrinologists
- Gastroenterologists
- Gynaecologists
- Immunologists
- Neurologists
- Obstetricians
- Oncologists
- Ophthalmologists
- Optometrists
- Orthodontists
- Paediatricians
- Pathologists
- Pharmacists
- Plastic Surgeons
- Psychiatrists & psychologists
- Radiologists
- Rheumatologists
- Surgeons
- Urologists
- Veterinarians
Which Types Of Healthcare Professionals Are Not Eligible?
Home loans for doctors are not available to some medical professionals such as medical research scientists, naturopaths, etc.
Don’t worry, you may still receive a discounted rate.
Additional Criteria
- You must be a member of an industry association that is acceptable to the lender.
- Interns, residents, registrars, and staff specialists are all eligible for a medical professional home loan.
- Either you or your partner must be an Australian Citizen or Permanent Residents.
- Your partner is not required to be a medical professional.
How Can You Take Advantage Of a Medical Home Loan Offer?
At Sanford Finance, we have a team of expert brokers who specialise in medical home loans. We’ll work closely with you to understand your unique needs and financial goals, and help you secure a loan that meets your requirements.