If you're a surgeon working or living on Sydney’s North Shore, you're in one of the most financially attractive borrower categories in the eyes of lenders. Your high income, strong job stability, and professional standing mean you may qualify for exclusive loan benefits such as waived LMI, higher borrowing power, and discounted rates. That said, the mortgage landscape is competitive, and it pays to understand how to navigate it.

This guide walks you through everything you need to know about home loans for surgeons North Shore Sydney in 2025 - so you can secure your next property with confidence.

Lenders view you as a premium borrower. But without proper preparation, even surgeons can miss out on competitive mortgage products. As of 2025, Sydney’s North Shore property market remains one of the strongest, with the median house price sitting at $2.3 million according to SQM Research.

Let's get started.

Why Are Surgeons Top-Tier Borrowers for Lenders?

You offer what lenders love—consistent high income, low risk of unemployment, and a reputation for responsible financial management. These factors make you eligible for premium loan terms.

• High-income professionals with stable earnings
• Long-term career outlook with low volatility
• High approval success rates
• Greater borrowing power than average applicants

What Lending Benefits Are Available to Surgeons?

As a surgeon, you may be eligible for medical professional home loan packages, which provide flexibility and cost savings not offered to the general public.

• LMI waived for loans up to 90% LVR
• Access to discounted professional interest rates
• Lower ongoing or upfront fees
• Priority assessments with specialist lenders

What Income Documents Do You Need?

Even with a top-tier salary, you’ll need to document all your income streams clearly. Surgeons with private practice earnings or multiple sources should be extra meticulous.

• Two recent payslips (for salaried roles)
• Tax returns and ATO Notice of Assessment
• Profit and loss statements (for self-employed or practice owners)
• Bank statements showing consistent billings
• Employment letter confirming role and salary

Can You Borrow More Than the Average Applicant?

Yes. Most lenders assess surgeons’ income more generously, often counting variable income like bonuses or private billing at higher rates than usual.

• Surgeons often qualify for higher loan amounts
• Lenders may use 100% of private income if stable over 12 months
• Higher income-to-debt ratios allow more flexibility

Do You Qualify for LMI Waivers?

This is one of the biggest benefits surgeons can access. If you're borrowing over 80% of the property value, some lenders will waive Lenders Mortgage Insurance (LMI) entirely.

• LMI waived up to 90% LVR for eligible surgeons
• Saves you between $10,000 and $40,000, depending on property value
• Not all lenders offer this—it's best accessed through a broker

What Loan Features Suit a Surgeon’s Lifestyle?

You work long hours and often juggle multiple income streams. Flexible home loan features help you manage repayments and reduce your interest efficiently.

• Offset account to minimise interest while retaining access to funds
• Redraw facilities for emergency access to extra repayments
• Split loans to balance fixed and variable interest
• Unlimited extra repayments on variable loans

Which North Shore Suburbs Are Popular With Surgeons?

You’re likely looking for lifestyle, proximity to hospitals, schools, and long-term capital growth. North Shore suburbs tick all these boxes.

• St Leonards – Near Royal North Shore Hospital and transport hubs
• Wahroonga – Family-friendly and peaceful with prestigious schools
• Chatswood – Central, with great shopping and transport links
• Crows Nest – Modern, connected, and lively
• Pymble – Leafy, private, and high-growth potential

Are There Government Schemes You Can Access?

Absolutely. While your income might exceed some thresholds, if you're a first-home buyer, you may still benefit from government support.

• First Home Guarantee – Buy with a 5% deposit and no LMI
• First Home Owner Grant (NSW) – $10,000 for new homes
• Stamp duty concessions for eligible buyers
• Check eligibility at NHFIC.gov.au

How Can a Mortgage Broker Help Surgeons?

You’re busy. A local North Shore broker like Sabea Financial helps streamline your application and connects you with lenders who understand your profession.

• Access to exclusive surgeon lending products
• Help structuring your income for maximum borrowing
• Management of all paperwork and submissions
• Local market insights to guide your property purchase

Frequently Asked Questions (FAQs)

Can surgeons access waived LMI in 2025?
Yes. Most lenders offer LMI waivers for surgeons borrowing up to 90% LVR, saving you thousands in upfront fees.

What income documentation is required for a self-employed surgeon?
You’ll need two years of tax returns, profit and loss statements, and business financials, depending on the lender.

Can I buy with a 5% deposit as a surgeon?
Yes, under the First Home Guarantee scheme, if eligible. Some lenders also accept low deposits with LMI waivers for surgeons.

Are interest rates lower for medical professionals?
Yes. Many lenders offer reduced rates through professional packages specifically for medical fields like surgery.

What’s the difference between a PAYG and billing-based assessment?
PAYG is straightforward, using payslips. Billing-based requires more documents like tax returns and bank statements.

How much can I borrow as a surgeon in 2025?
This depends on your income, expenses, and liabilities—but many surgeons qualify for significantly higher loan amounts than average earners.

Can Sabea Financial help surgeons on the North Shore?
Yes. We specialise in home loans for surgeons North Shore Sydney, offering tailored lending advice, local insights, and end-to-end support.

Summary: Is It Time to Secure Your Home Loan as a Surgeon?

You’ve worked hard to build your medical career. Now, it’s time to leverage that professional advantage when entering the property market. With exclusive lending policies, waived LMI options, and superior borrowing power, surgeons are in an excellent position to secure favourable home loans - especially in high-demand areas like Sydney’s North Shore.

But accessing these benefits requires strategic planning, accurate documentation, and guidance from someone who knows the lender landscape.

At Sabea Financial, we specialise in home loans for surgeons North Shore Sydney. Our team understands the complexity of your income and the unique lending products available to you. Let us take the pressure off, so you can focus on your patients while we focus on your finances.

📞 Call us on 1300 001 755
Or email us on info@sabea.com.au

Let’s help you find the perfect suburb - and the right loan to make it happen.