Medical income can be complex — private billing, Medicare, hospital contracts, locum work, trust distributions, early career registrar income. Most lenders don't assess it well. We do. And we've been doing it since 2004.
Yes — certain lenders will lend to medical professionals up to 90% LVR without Lenders Mortgage Insurance. That can save you tens of thousands. But the deeper advantage is structural. Getting the right lender for your income type, your career stage, and your future plans changes what you can do — not just now, but in five years when you want to add an investment property or buy your practice rooms.
Selected lenders waive Lenders Mortgage Insurance for medical professionals. We know which ones, what their criteria are, and how to get you approved.
Private billing, Medicare, hospital contracts, locum income, registrar pay, trust or company distributions — each lender assesses these differently. We match you to the right one for your situation.
Many medical professionals build significant property portfolios alongside their practice. We structure borrowing to maximise serviceability across multiple properties without limiting future capacity.
Your finance needs evolve as your career progresses. First home, investment property, practice buy-in, commercial rooms. We're the brokers clients come back to — and refer their colleagues to.
Lender policies vary. What you do within medicine matters — it affects which lenders will apply professional policy advantages and at what level. We know exactly where each specialty sits across our panel of 50+ lenders.
Medical Finance Australia is the specialist medical lending division of Model Mortgages, led by Phil Riches and Virginia Graham Riches. Phil is a former senior lender at Westpac with 20+ years in residential, investment and commercial lending. Virginia founded Model Mortgages in 2004 with a background in banking, treasury and financial planning.
Most of our medical clients come through referrals from accountants, colleagues and existing clients. If someone pointed you here, you're in the right place.