If you’re a doctor living or working around North Shore Sydney - from St Leonards, Manly to Mosman, your career could unlock serious perks when it comes to property finance.

Many lenders now offer specialist home loans for doctors in North Shore Sydney, designed specifically for medical professionals like you. We're talking about waived lenders mortgage insurance (LMI), lower interest rates, and higher borrowing capacities.

In 2025, the median house price across Northern Sydney is sitting at $2.35 million according to Domain House Price Report Q2 2025, making tailored home loans more important than ever. So, whether you're buying your first home, upsizing, or investing, let’s explore how your profession can work in your favour.

Let's get started.

Why Do Doctors Get Special Home Loan Benefits?

It all comes down to risk, or rather, how little risk you represent to lenders. Because of this, lenders offer exclusive deals to doctors as part of their medical professional lending programs. These benefits aren’t usually advertised widely, so working with a mortgage broker like Sabea Financial gives you access to them.

Doctors typically have:

• Stable income and long-term employment
• High earning potential over time
• Low default rates historically
  
  

What Home Loan Perks Can You Access as a Doctor?

Each lender’s criteria varies slightly, that’s where a local mortgage broker like Sabea steps in to negotiate the best offer based on your situation.

Here’s what you may be eligible for with home loans for doctors in North Shore Sydney:

• No Lenders Mortgage Insurance (LMI): Save up to $50,000 by borrowing up to 90–95% without LMI.
• Discounted Interest Rates: Special medical packages offer sharper rates than standard home loans.
• Higher Borrowing Capacity: Lenders will assess your income differently, often factoring in future earning potential.
• Flexible Loan Features: Including offset accounts, redraw facilities, and interest-only options if needed.
• Fast-Tracked Approvals: Some lenders offer priority service for medical professionals.
  
  

Which Doctors Qualify for These Home Loan Packages?

It’s not just GPs who qualify. Most lenders include a wide range of medical professionals:

• General Practitioners (GPs)
• Surgeons
• Anaesthetists
• Psychiatrists
• Dentists
• Specialists
• Interns and registrars, some lenders include you too!
• And more specialists

Note: You’ll typically need to provide evidence of your qualifications such as your AHPRA registration, and employment details. If you’re a contractor or self-employed, we’ll help you gather the right financials to prove your income. Just get in touch with us here.

How Much Can You Borrow as a Medical Professional?

Due to your career, you may be able to borrow more than other borrowers on a similar income. We’ll run a tailored borrowing assessment for you and compare results across different lenders.

Most banks allow doctors to borrow up to:

• 90–95% LVR without LMI
• Up to 6–7 times your income, depending on expenses and dependants

Your exact borrowing power depends on:

• Your gross income and liabilities
• How you’re paid such as salary, contractor, or business owner
• Existing mortgages or debts
• Family situation and living costs

What’s the Process of Getting a Home Loan as a Doctor?

It’s similar to a standard mortgage process, but with faster and more flexible options available. Having a local mortgage broker on your side ensures you're not missing out on unadvertised deals or overpaying on interest or fees.

Here’s how it works:

1. Initial assessment – We review your income, goals, and credit profile.
2. Loan comparison – We shortlist lenders offering doctor-specific deals.
3. Pre-approval – You get a clear idea of your budget.
4. Property search – Now the fun begins!
5. Formal approval and settlement – We manage everything behind the scenes.
   
   

What Loan Features Should You Prioritise?

When it comes to home loans for doctors in North Shore Sydney, features matter just as much as rates. We’ll guide you through which loan structures align with your goals — whether you're building equity or looking to expand your portfolio.

Here are the top features to look for:

• 100% Offset Account: Great for reducing interest while keeping access to savings.
• Flexible Repayments: Extra repayments and redraw access help you stay ahead.
• Split Loan Options: Combine fixed and variable for balance.
• Interest-Only Periods: Useful for early career stages or when investing.|
  
  

Local Lender Insights for Doctors in North Shore

Each has slightly different credit policies, so it’s not just about who offers the lowest rate — it’s about which one aligns with your needs, your career stage, and your long-term goals. For example, ANZ may offer waived LMI up to 95% for registrars, while BOQ might have better options for self-employed medical specialists.

Some lenders active in the North Shore medical lending space include:

• Bank of Queensland (BOQ Specialist)
• Commonwealth Bank
• ANZ Medico Package
• Westpac Medical Professional Loans
• St. George Bank Medico Policy
  
  

FAQs: Home Loans for Doctors North Shore Sydney

Can I borrow more as a doctor compared to other professionals?
Yes, most lenders will allow higher home loan borrowing limits for doctors due to your stable and high-income profession.

Do all doctors qualify for waived LMI?
Not always. It depends on the lender and your role. Most include GPs, specialists, and dentists. Interns may have fewer options but still benefit.

What documents do I need for a doctor home loan?
AHPRA registration, employment contract, payslips (or financials if self-employed), ID, and living expense breakdown.

Can I access these benefits if I’m buying an investment property?
Yes. Most doctor home loan packages apply to both owner-occupied and investment purchases.

Are these loans available for doctors who are contractors or run their own practice?
Absolutely. You’ll just need different documentation — we’ll guide you through what’s needed.

Is it better to use a mortgage broker for a doctor loan?
Yes. We have access to unadvertised medical packages and negotiate directly with lender BDMs on your behalf. Please just get in touch with us here.

What’s the approval timeline for doctor home loans in 2025?
With the right paperwork, approvals can be as fast as 3–5 business days, depending on the lender.

Ready to Leverage Your Medical Career for a Better Home Loan?

Your medical career opens doors — including to better home loan options. Whether you’re a junior doctor just starting out or a specialist with years under your belt, you deserve a home loan that works as hard as you do.

At Sabea Financial, we specialise in home loans for doctors in North Shore Sydney. We work with over 60 lenders, including those with exclusive medico packages that can save you tens of thousands over the life of your loan.

Call us on 1300 001 755, email info@sabea.com.au, or visit our homepage to book your free, obligation-free consultation today. We can help you buy or refinance with confidence - and reward all the hard work you’ve put into your career.