Our mortgage brokers work around the clock to ensure you receive the highest customer service possible while providing maximum value to help you get the best possible deal on the market.

Here are just some of the benefits of choosing to work with us:

Waived lenders mortgage insurance 

Lenders mortgage insurance (LMI) applies to all home loans when the home buyer or property investor takes out a loan 80% or more of the property value.

For example, a home buyer seeking to purchase a property valued at $2,000,000 with a $200,000 deposit would be required to pay LMI. In this instance, they would only have 10% as a deposit and would be required to borrow 90% of the remaining loan from the lender. The lender will then apply LMI to cover the risk.

Lenders perceive doctors as ‘low-risk’ occupations compared to many other borrowers. As a result, doctors are granted special deals that potentially include a full LMI waiver that enables them to borrow up to 95% of the property value.

However, some conditions apply. To be eligible for an LMI waiver for doctors, you need to be AHPRA registered and working as a certified doctor. Your AHPRA registration must be general or specialist as a ‘Registration Type’. If your registration type is limited or provisional, you can still be eligible.

We encourage all Australian doctors to contact us and speak with one of our senior mortgage brokers. Our brokers will be able to accurately provide you with detailed insights into how you can save on lenders’ mortgage insurance as an eligible medical professional.

Get the best home loan rates & save time

Most, if not all, doctors are extremely busy individuals and can not spend hours upon hours speaking with multiple lenders. The process is extremely time-intensive and not a luxury many Australian doctors can potentially justify.

This is where a highly experienced mortgage broker can help.

At Lend City Pros, we have access to over 40 lenders in the Australian market. Our mortgage brokers have forged strong relationships with the best, most reputable lenders, helping secure exclusive home loan rates for doctors across Australia.

Whether you’re a doctor from Sydney, Canberra, Melbourne, Brisbane, Gold Coast, Perth, Darwin, Adelaide or Hobart, we specialise in helping you find the right home loan discounts that suit your needs.

Exclusive discounts available only for doctors

As a specialist mortgage broker, we offer exclusive home loan discounts available only to eligible doctors. We respect the many hard-working Australian nationwide and do our part to make securing your home loan easier, saving you thousands.

At Lend City Pros, we help you pay down your home loan faster. For every doctor home loan you write through us, we pay you $395 for every year you keep your home loan with us. For home loans valued over $500,000 over 30 years, this can save you an average of $11,850!

Additionally, your mortgage broker can present you with all available cashback offers from Australian banks. Our goal is simple: to ensure you receive the best possible deal in the market.

Tailored financial solutions

We understand that every doctor has a unique financial position. Our mortgage brokers are perfectly equipped to assess your situation and provide a range of suitable deals that offer the most value.

Our senior mortgage brokers negotiate on your behalf. We save you time and money from speaking with multiple lenders and potentially receiving differing feedback. This can cause many problems and further drag out your home loan process.

Trust our mortgage professionals to collate the best deals that suit your financial situation and close the deal quickly. We’re mortgage professionals working for other professionals.

Yes, with a few select banks! The loan will be split into two:

Split 1: Standard 95% home loan without having to pay lenders’ mortgage insurance.

Split 2: An exertion loan for the remaining 5% & costs (stamp duty, bank fees & legal costs).

• Maximum of the loan amount: $500,000
• Interest rate: 10% to 15% pa
• Loan term: 5 to 10 years

To be eligible, you must either have been self-employed for more than 2 years OR be registered with AHPRA as a specialist.

This product is not available through retail branches. Additionally, if you run your medical practice, special rules may apply. Speak with a senior mortgage broker on 1300 030 388 or enquire online to find out if you qualify.

Doctors often have unusual income structures that all banks do not accept. You don’t want to be caught out by approaching a bank that won’t accept your income.

Here is a breakdown of various income structures (applicable to doctors and other medical professionals) that lenders will accept:

• Base PAYG salary for permanent part/full time: 100% is accepted
• Casual Income: 100% is acceptable. Most banks require 12 months with your current employer. However, a few banks can consider casual income with as little as 3 months or less with your employer.
• Overtime: A few banks will consider 100%; however, most banks generally only accept 80%. You will need to be with your employer for at least 3 months.
• Allowances: Depending on the allowance, 100% can be considered; otherwise, only 80% is generally acceptable.
• Invoices paid to your ABN: 2 year tax returns are generally required. However, depending on how long you’ve been getting paid through invoices, a combination of invoices, BAS, interim tax returns & evidence of your previous income can be accepted. Some lenders accept an ABN as little as 6 months old.
• Business income from running your practice: 2 year tax returns are generally required. However, depending on how long you’ve been self-employed, a combination of business activity statements & interim tax returns can be accepted.

Depending on the value of your home loan, we can save you within the tens of thousands of dollars on your doctor home loan.

We pay doctors, on average, $11,850 to cover their annual loan fees, saving them thousands of dollars through the lifetime of their loan.

Don’t risk it! Our specialist mortgage brokers have assessed thousands of credit checks for medical professionals and can easily pinpoint where we can help you save. Whether you’re a medical professional looking to purchase your first home or investment property or refinance your home loan, we can help.

Of course! We negotiate with CommBank, NAB, ANZ or Westpac to approve your home loan. 

Unsurprisingly, most doctors and medical professionals prefer to bank with either of the big four banks; we get it! Given their reputation and size, most feel secure knowing sufficient resources are available. They also offer a wide range of financial products, enabling great convenience for busy professionals.

If you meet the criteria set by the big four banks, you should be eligible for an exclusive doctor home loan.

If you’re in a tough financial position, such as issues related to previous loan defaults or poor credit history, don’t worry. We may still get you a competitive interest rate with one of the big four banks. All home loans are different, and we encourage you to first speak with our senior mortgage broker before deciding.

Our mortgage professionals make applying for home loans for doctors as simple as getting any regular mortgage. Instead of the constant back and forth, your senior broker will guide you through the entire pre-approval process to collect any required documents in one go.

We have helped hundreds of medical professionals get tough home loans approved quickly, and we’re confident we can do the same for you.

Before speaking with us, here are some standard documents you should have ready.

Personal identification documents

• This includes your primary identification documents, such as your Australian passport or driver’s license, which clearly show your full name, photo identification, date of birth, and current residence. 

• Your Australian citizenship certificate, birth certificate or proof of permanent residency.

• In cases where you’re unable to access your primary identification documents, most lenders will typically require you to submit two secondary documents.

Proof of income

• This includes two of your most recent payslips from your current employer.

• You must provide two ATO tax returns from the last financial year for self-employed medical professionals.

Additional documentation

• Bank statements and internet transaction history show your current level of savings.

• Any other home loan statements.

Depending on your financial situation and history, we negotiate on your behalf for the lowest home loan interest rates available to doctors. These rates can apply whether buying an investment property or being owner-occupied.

Note that interest rates are highly personalised and vary for every individual.

In short, yes! We specialise in helping Australian doctors get the toughest of home loans approved, even at competitive interest rates.

Our experienced team of mortgage specialists and credit managers has assessed the financial situation of thousands of medical professionals. We understand the financial challenges that many doctors face. As a result, we have built practical processes that eliminate common obstacles and get tough home loans approved quickly.

You’re not alone! Speak with our senior mortgage broker today and fill us in on your home loan situation. 

Unfortunately, nurses are not eligible. This applies to all types of nurses, including clinical nurses, aged care nurses, theatre nurses etc. 

The good news is that some nurses may fit the eligibility criteria for certain LMI waivers. As a nurse, you may be eligible for waived LMI at 90% should you earn over $90,000.

Yes, you can qualify if you are married to an eligible doctor. This applies if you are applying for the mortgage together rather than separately. Consult with a senior mortgage broker to find out more about your eligibility.

Absolutely! All our brokers are rated amongst the top 100 mortgage brokers in Australia.

We’re an outcome-driven mortgage brokerage committed to helping doctors like you reach their financial goals. Our premium broker status helps us get the fastest turnaround times and the cheapest interest rates in the market.

Our brokers and credit analysts have extensive track records working in Australia’s leading banks as the people responsible for accepting and declining loans. We know what it takes to get all types of loans approved!

We know that time is of the essence. Once you reach out to us and fill us in on your financial situation we immediately start the process and set the wheels in motion.

Our mortgage professionals return to you with your best options in just 24 hours.

Yes. As a qualified medical professional, not only do you receive waived LMI and interest rate discounts, but you also receive all the common loan features.

The types of home loan features include:

• Fixed interest rates

• Credit card with ongoing fee waived

• Variable interest rates

• Interest-only home loans

• 100% offset accounts

• Split mortgages

• Line of credit

• Redraw

At Lend City Pros, we’re the professionals who medical professionals call for the best home loan deals in the market. We have developed a winning formula for helping doctors all across Australia secure the best home loan deals.

When you engage with us, our senior brokers will return the best home loan options to you in less than 24 hours. No matter your unique financial requirements, our doctor home loan specialists have a solution for you. It’s simple; we write home loans for doctors that get approved.

Everything is risk-free, meaning you don’t have to pay us for our services. We work and negotiate on your behalf and are paid directly by the banks to create a win-win situation. Save time and money by speaking to us about home loans for doctors today.