Home Loans for Medical Professionals

Home Loans for Medical Professionals

Medical Professional = Low Risk


Medical professionals are considered low risk borrowers by lenders and are therefore in a unique position to get exclusive offers that are not available to other members of the public.

These offers include:

  • Significant interest rate discounts
  • Lenders Mortgage Insurance waivers (borrowing up to 90% without paying LMI)
  • Fee waivers
  • Higher LVRs (borrowing up to 105% of property value with a guarantor loan)
  • Higher maximum borrowing amount

Medico varies from bank to bank so the type of discount will depend on the bank.

Types of medical professionals that are eligible:


Medical Professionals
  • Anaesthesiologist
  • Anaesthetist
  • Cardiologist
  • Chiropractor
  • Clinical Pharmacologist
  • Cosmetic Surgeon
  • Dentist
  • Dermatologist
  • Doctor
  • Ear, Nose and Throat Surgeon
  • Endocrinologist
  • Gastroenterologist
  • General Practitioner (GP)
  • Gynaecologist
  • Intern doctor (internship)
  • Neurosurgeon
  • Obstetrician
  • Optometrist
  • Pharmacist
  • Psychiatrist
  • Veterinarian

Interns, residents, registrars and staff specialists are all eligible.

You must also be a member of an Australian or New Zealand medical association in order to be eligible.

Medical Professionals

Types of medical professionals that are not eligible:


Medico is not available to some medical professionals such as psychologists, medical research scientists and naturopaths.

However, there may still be a reduced interest rate available to ineligible medical professionals who have a strong employment history and substantial savings.

Get in touch with Shore Financial today and maximise your opportunity through property!


  • Levels 3 & 4, 153 Walker Street
    North Sydney, 2060

  • 1300 416 700

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