- Dentists
- Updated
- • 5 min read
Home Loans For Dentists
Dentists have specific lending needs — practice income, LMI waiver eligibility, business debt and property investment are common considerations. The right lender needs to understand both personal and business income.
Quick Answer
Home loans for dentists may involve LMI waivers, practice income assessment, business debt consideration and lender policies for dental professionals.
What Lenders Review
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LMI waiver eligibility — dental registration typically required
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Practice income — company and trust structures need specialist lender
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Business debt — included in personal serviceability
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Investment lending — portfolio and equity planning
Common Mistakes
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Not checking which lenders cover dental LMI waivers
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Applying without addressing business debt documentation
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Assuming personal income only — practice income needs proper documentation
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Frequently Asked Questions
Can dentists get LMI waivers?
Some lenders include dentists under professional LMI waiver policies, subject to registration, income and LVR.
How is practice income assessed?
Practice income from companies or trusts requires financial statements and tax returns. Lender assessment varies.
The Dentist Lending Challenge
Dentists face a more complex lending assessment than most professionals. Employed dentists are assessed similarly to PAYG employees. Dentists who own a practice need to document personal income, business income, practice debt and entity structure — all of which affect personal borrowing capacity.
What Lenders May Look At
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AHPRA dental registration status
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PAYG income or practice income (different documentation)
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Practice debt — included in personal serviceability
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Business entity structure — company, trust or sole trader
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Practice Ownership Complexity
A dentist earning $200,000 through a company and drawing $120,000 as salary will be assessed very differently to an employed dentist on the same income. The lender needs to assess both the personal and business position, and not all lenders do this well.
Common Mistakes Dentists Make
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Applying to a lender without experience with practice-owner income
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Not providing two years of practice financials
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Underestimating how business debt affects personal borrowing capacity
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Assuming PAYG salary is the only income that counts
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Not checking LMI waiver eligibility before applying
Frequently Asked Questions
Can dentists get LMI waivers?
Some lenders include dentists under professional LMI waiver policies. AHPRA registration, income and LVR must meet lender requirements.
Does practice debt reduce my home loan capacity?
Yes. Business liabilities are included in personal serviceability assessments.
What financials do practice-owner dentists need?
Typically 2 years of personal and business tax returns, financial statements and BAS statements.
Dentist type
Income complexity
Key lender consideration
Employed dentist (PAYG)
Low
AHPRA registration for LMI waiver
Contractor dentist
Medium
ABN income — may need 2 years history
Practice owner — company
High
2 years business financials required
Practice owner — trust
High
Trust deed and distribution history needed
Associate dentist (profit share)
Medium
Profit share treated as variable income
Book A Dentist Lending Review
We assess practice income, LMI waiver eligibility and lender options for dentists.
General information only. Lending eligibility, LMI waiver policies, rates and approval outcomes vary by lender and are subject to assessment.
Review Your Dentist Home Loan Options
We assess practice income, LMI waiver eligibility and lender options.
General information only. Lending outcomes vary by lender and individual circumstances.