Professions / Dentists
Home Loans for Dentists
Dentists are among the most creditworthy borrowers in Australia. Most are not being rewarded for it.
Why This Matters for Dentists
LMI Waived on Eligible Loans
Dentists qualify for LMI waivers under specialist health professional lending policies — removing a cost that can run into tens of thousands of dollars.
Practice Finance Available
Purchasing your practice premises, financing a fit-out, or refinancing existing commercial debt — we arrange finance across both your personal and professional balance sheet.
Business Income Accepted
For dentists operating through a practice entity, we work with lenders who can correctly assess company or trust distributions as part of your borrowing capacity.
High LVR Without LMI
Access up to 90-95% LVR without the standard LMI requirement — enabling earlier entry into the property market or larger purchases.
Rate Discounts via Professional Package
Specialist lenders offer dedicated professional package rates to dentists that are materially below standard variable rates. These are not advertised — they require broker access.
case study
Practice Owner — Personal and Commercial Finance Arranged Simultaneously.
Dentist, Sydney
A dentist operating through a company structure sought to purchase a residential property and refinance their practice premises simultaneously.
The Challenge
Their existing bank struggled to assess company income correctly and treated the two applications as entirely separate processes, creating significant delays and unnecessary complexity.
What We Did
→ Engaged a lender with specialist health professional and commercial lending capability
→ Structured the residential application using company distributions as primary income
→ Ran both applications concurrently through a single assessment process
→ Negotiated a professional package rate across both facilities
The OUTCOMES
✓ Both applications approved within the same timeframe
✓ LMI waived on the residential purchase
✓ Commercial refinance reduced annual interest cost by over $18,000
✓ Single broker point of contact for the entire transaction
FAQ
Frequently Asked Questions
Do I qualify for LMI waiver as a dentist?
Yes. Dentists are included under most specialist health professional lending policies that waive LMI. The specific LVR and loan amount limits vary by lender and we will confirm your eligibility at no cost.
Can I finance my practice and my home through the same broker?
Yes — and this is one of the key advantages of working with Simpli Finance. We arrange both residential and commercial/practice finance, giving you a single point of contact and a coordinated approach.
My income is paid through a company or trust. Will this be an issue?
Not with the right lender. Standard banks often struggle with non-PAYG income. Specialist lenders understand practice structures and can correctly assess distributions and drawings as usable income.
How does a professional package rate differ from a standard rate?
Professional package rates are negotiated arrangements that lenders offer to specific high-income professions. They include rate discounts, fee waivers, and improved loan features. They are not available to the general public — access is typically through accredited brokers.
What if I have existing business debt?
Existing business debt is assessed in context. Lenders who understand practice ownership treat commercial debt as part of a structured balance sheet, not simply as a liability that reduces residential borrowing capacity.
Key Takeaway
Some nurses may be able to use overtime, shift loading and penalty rates when applying for a home loan, but lender treatment varies significantly. The right lender can make a meaningful difference to borrowing capacity, especially where HECS, casual income or changing rosters are involved.
This Page Is For
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Employed dentists buying with less than 20% deposit and checking LMI waiver eligibility
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Practice-owner dentists whose income flows through a company or trust
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Dentists considering practice purchase, fit-out or equipment finance
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Dentist investors reviewing equity access and investment loan structure
What To Prepare Before Speaking With Us
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AHPRA dental registration certificate
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Most recent payslips (PAYG) or practice financials (self-employed)
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Two years personal and business tax returns if practice owner
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BAS statements for the last four quarters
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Quick Answer
Dentists may qualify for LMI waivers with certain lenders and can access specialist lending for practice purchase, equipment and investment. Income assessment is more complex for practice owners than for employed dentists.
PAYG vs Practice Owner Income
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PAYG dentists: payslips and employment contract
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Company/trust income: trust deed and financials
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BAS statements for GST-registered practices
Employed dentists with PAYG income are assessed more simply. Dentists who own a practice have additional complexity — practice income, business debt, company or trust structure and practice liabilities all affect the personal home loan assessment.
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Practice owners: 2 years tax returns + financials
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Practice owners: 2 years tax returns + financials
Dentist LMI Waivers
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AHPRA dental registration typically required
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Income minimum may apply
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Practice ownership can complicate eligibility
Some lenders include dentists in their professional LMI waiver policies. Eligibility typically requires AHPRA registration, minimum income and a loan that falls within the lender’s LVR threshold.
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LVR threshold varies — commonly 85–90%
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Loan size caps may apply by lender
Practice & Business Finance
Dentists acquiring, expanding or refitting a practice need finance that accounts for goodwill, equipment, fit-out costs and working capital. These are separate from personal home loans but affect personal serviceability.
Practice Purchase
Finance for acquiring an existing dental practice including goodwill and fit-out.
Equipment Finance
Dental chairs, imaging equipment, technology — structured as chattel mortgage or lease.
Fit-Out & Refurbishment
New or upgraded premises finance for dentists relocating or expanding.
Investment Lending For Dentists
Dentists with stable practice income and equity are well-positioned to invest. However, practice debt and business income structure must be assessed alongside personal borrowing capacity.
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Frequently Asked Questions
Can dentists get LMI waivers?
Some lenders include dentists in professional LMI waiver policies. Eligibility depends on AHPRA registration, income, LVR and loan size.
Does owning a practice affect my home loan?
Yes. Practice income, business debt and entity structure all affect how lenders assess personal borrowing capacity.
Can I finance goodwill when buying a dental practice?
Some lenders will finance a portion of goodwill as part of a practice purchase. Policy varies.
Can dentists get interest-only investment loans?
Yes, subject to lender policy, serviceability and personal borrowing capacity assessment.
What financials do practice-owner dentists need?
Typically 2 years of personal and business tax returns, financial statements and BAS statements.
Book A Dentist Lending Review
We assess AHPRA registration, 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.
Common Mistakes Dentists Make Before Applying
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Applying to a lender without practice income lending experience
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Not having two years of practice financial statements prepared
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Assuming practice debt does not affect personal home loan capacity
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Not having AHPRA registration certificate ready for the LMI waiver process
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Documents Lawyers Should Prepare
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AHPRA registration certificate
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Most recent payslips (PAYG)
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Employment contract (PAYG)
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2 years personal tax returns
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2 years business financial statements
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BAS statements (last 4 quarters)
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Business bank statements
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Practice purchase agreement or valuation
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Equipment quotes or invoices
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Existing loan and liability statements
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Trust deed if applicable
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Identification documents