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Specialist Home Loans for Medical Professionals

Tailored medico loan solutions designed for doctors, nurses and healthcare professionals — built around your career, income and future.

Speak to a Medico Loan Specialist

Introduction – Medico Loans

Medical professionals have unique financial profiles: high future earning potential, long training pathways, irregular income early on, and often significant student debt. Yet many lenders still assess doctors and nurses using standard lending rules that don’t reflect real-world medical careers.

Medico loans are specialised lending solutions designed specifically for doctors, medical specialists, dentists, nurses and allied health professionals. At Grange Finance, we help medical professionals access home loans for medicos that recognise career stability, future income growth and professional standing often unlocking better terms than standard home loans.

Who This Service Is For

This service is designed exclusively for medical and healthcare professionals at all stages of their careers. If you’re a junior doctor, registrar or intern, we help navigate lenders that understand early-career income structures and future earning potential. For established doctors and medical specialists, we assist with competitive borrowing structures, refinancing strategies and investment-ready loan options. We also work with nurses, midwives and allied health professionals, helping access home loans for nurses Australia and specialised lending programs that recognise stable employment and healthcare demand. Whether you’re buying your first home, upgrading, refinancing or investing, medico loans offer advantages that standard home loans often don’t.

What Are Medico Loans

A medico loan is a specialised home loan product designed for medical professionals. These loans are offered by selected lenders who understand the medical profession and apply preferential lending criteria.

Key differences compared to standard home loans include:

  • Higher borrowing capacity based on profession
  • Lower or waived Lenders Mortgage Insurance (LMI)
  • Reduced deposit requirements
  • Competitive interest rates
  • Flexible servicing assessments

These benefits make home loans for doctors Australia and home loans for nurses significantly more accessible when structured correctly.

Types of Medico Loans

Medico lending isn’t one-size-fits-all. Different loan structures suit different career stages and goals.

1. Medico Home Loans (Owner-Occupied)

Designed for doctors and medical professionals purchasing or upgrading their primary residence, often with low-deposit options and waived LMI.

2.Investment Property Loans for Medicos

Structured for long-term wealth creation, allowing medical professionals to leverage strong income profiles for property investment.

3.Refinancing Medico Loans

Many doctors refinance to reduce interest, remove LMI, or restructure loans as income increases.

4.Special Loans for Nurses

Some lenders offer special home loans for nurses, including programs similar to NAB home loans for nurses, recognising stable employment and demand.

5.Construction & Upgrade Loans

For medicos building or renovating, structured loans support progress payments and flexible repayments.

Each option requires lender-specific knowledge — which is where experience matters

Typical Use Cases

Medical professionals commonly use medico loans to:

  • Purchase their first home during training or early career
  • Upgrade to a family home as income grows
  • Buy investment properties alongside practice work
  • Refinance existing loans to remove LMI
  • Build or renovate homes
  • Consolidate debt while improving cash flow

The right loan structure ensures flexibility as careers evolve.

Key Considerations & Risks

While medico loans offer strong benefits, they still require careful planning.

Key considerations include:

  • Understanding borrowing limits vs lifestyle affordability
  • Managing future income variability
  • Avoiding over-leveraging early in career
  • Long-term interest costs
  • Structuring loans to support future goals

Professional guidance ensures medico loans work for you — not against you.

Why Choose Us for Medico Loans

✔ Specialist Medico Lending Expertise

We understand medical careers, income structures and lender policies.

✔ Access to Preferred Medico Lenders

Including banks offering best home loans for doctors Australia.

✔ Tailored Loan Structuring

Every loan is built around your career stage and goals.

✔ Long-Term Support

We review and optimise your loan as your income grows.

FAQs

  • 1. How much deposit do doctors need for a home loan?

    Many medico loans allow low deposits with waived LMI, depending on lender and profession.

  • 2. Are home loans for nurses different from standard loans?

    Yes — some lenders offer specialised programs for nurses and healthcare workers.

  • 3. Can junior doctors qualify for medico loans?

    Yes — future earning potential is often considered.

  • 4. Are medico loan interest rates lower?

    They can be, particularly when LMI is waived and risk is assessed differently.

  • 5. Do I need a specialist broker for medico loans?

    Yes — a home loan broker for doctors understands lender nuances that banks often don’t explain.