Healthcare Mortgage Guides

If you’re a doctor, nurse, or allied health professional, your income and career stability put you in a strong position to own a home. However, many in healthcare find it challenging to save a 5%, 10%, or even 20% deposit while managing rental costs and long shifts. That’s where a guarantor home loan can help […]

Choosing the right repayment type could save (or cost) you thousands and it all depends on where you’re at in your career or property journey. When it comes to repaying your home loan, you typically have two options: interest-only, or principal and interest (P&I). They may sound similar, but they have very different impacts on […]

A GP in her mid-thirties recently sat across from a mortgage broker at a major bank. She earned $280,000 per year across two clinics and a locum arrangement. The broker told her the locum income “probably wouldn’t count” and suggested she apply for less than she needed. She left, found a specialist, and was approved […]

A nurse earning $95,000 packages a $35,000 car through a novated lease. Her take-home pay goes up. Her tax bill drops. She’s saving roughly $3,200 a year compared to buying the car outright. Six months later, she applies for a home loan and gets approved for $60,000 less than she expected. Salary packaging a car […]

A senior registrar recently told us she’d been turned down by her bank’s online application before she’d even spoken to a human. Her income was “inconsistent” according to their algorithm. She earned $310,000 last financial year, but the problem wasn’t her finances. It was that standard mortgage assessments are built for people with nine-to-five salaries, […]

A podiatrist earning $115,000 per year was told by her bank that she needed a 20% deposit before they would lend to her. She had $68,000 saved, a clean credit file, and AHPRA registration. What she did not have was a broker who understood allied health lending policy. Several lenders waive Lenders Mortgage Insurance for […]

A dentist buying a $1.2 million home with a 10% deposit would normally pay around $21,000 in Lenders Mortgage Insurance. Under the lending policies that apply specifically to dental professionals, that figure drops to zero. Most dentists find this out eventually. The ones who find it out before they start house hunting use it to […]

Calling all healthcare heroes!  We’re excited to announce that we’ll be at Australian Healthcare Week 2025!   Join us for $1,000 in giveaways, fun challenges, exclusive prize draws, free financial health checks, and a live webinar designed for healthcare professionals.  No matter where you are on your homeownership journey—buying, upgrading, refinancing, or investing—we’ll help you take […]

You finish a 10-hour shift, open your laptop, and get declined for a loan amount that feels insultingly low. The broker couldn’t explain why. Here’s what likely happened: a generalist lender assessed your penalty rates and shift allowances as “irregular income” and shaded them back to near zero. Your actual earning capacity, the one that […]

Most aged care workers know salary packaging exists. Fewer know they sit in the most generous salary packaging bracket in Australia. And almost none know what happens when they apply for a home loan and a lender looks at their packaged income like it’s a problem. Aged care salary packaging is worth understanding properly, because […]