The question is not just whether you are a doctor
I match the exact application to current policy before relying on a waiver.
What I check
- Registration: your AHPRA registration type, discipline and practising status.
- Role: whether you are a GP, specialist, dentist, employee, contractor, locum or practice owner.
- Income: how the lender treats salary, overtime, allowances, contract income or business income.
- Loan request: deposit, requested LVR, total lending and loan purpose.
- Property: type, location, value, valuation and any lender restrictions.
What a current check can show
A policy match
A lender's current criteria may cover your profession and proposed application, subject to its full assessment.
A match with limits
A waiver may only be considered at a lower LVR, for a particular loan purpose, property type or employment structure.
No useful waiver path
If the policy does not fit, I compare the normal deposit and LMI options instead of forcing the application.
Why I do not publish a lender cap table: profession definitions, maximum LVRs, loan limits, property exclusions and documentation rules can change. A static comparison can be stale when you need to act.
I check the live policy alongside borrowing capacity, pricing, loan features and the rest of the credit assessment.
Documents worth having ready
The exact list depends on your employment and the lender.
Professional evidence
Current AHPRA registration and any specialist or dental membership relevant to the policy.
Income evidence
Recent payslips, employment contract, locum contracts or business financials, depending on how you work.
Deposit evidence
Savings, equity, gift or other acceptable funds, plus an allowance for purchase costs.
The whole position
Existing loans, limits, expenses, identification and details of the property or price range.
Common questions
The answer depends on the lender's current policy and your complete application.
Do GPs and dentists get the same waiver as specialists?
Not necessarily. Lenders define eligible professions and acceptable registration differently. I check your exact occupation and registration rather than assuming all medical roles receive the same treatment.
Can a locum or contractor be considered?
Potentially. The lender will assess the type, history and continuity of the income, as well as the professional policy. Some applications need more evidence than a standard salaried role.
Can a waiver apply to an investment property?
Some policies may cover investment lending, sometimes with different LVR or property limits. I check the loan purpose and property against the current rules.
What if I own a practice?
Practice ownership does not automatically exclude or qualify you. The lender will also assess the business income, trading history, liabilities and documentation it requires.
Does an LMI waiver mean the loan is approved?
No. A waiver is one policy setting. Serviceability, credit history, valuation, property acceptability and every other approval condition still apply.
General information only. Lender policies and lending criteria change. Any waiver, LVR, loan amount, pricing and approval outcome depends on the lender's current policy and your complete application.
Still working it out? See how the process works, step by step, or browse the common questions.