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LMI waiver up to a 95% LVR
Eligible dentists can borrow up to 90% of the property value, and with some lenders 95%, without paying LMI. On a larger loan that is a substantial saving.
Dentistry is one of the professions lenders treat most favourably. As a recognised health profession registered with the Australian Health Practitioner Regulation Agency (AHPRA) and with strong earning potential, dentists are included in the medico policies of most lenders that offer them, alongside doctors. Many dentists also own or buy into a practice, which brings business income into the mix.
The headline benefit of home loans for dentists is the lenders mortgage insurance (LMI) waiver. Where a typical borrower pays LMI above an 80% loan to value ratio (LVR), eligible dentists can often borrow up to 90% of the property value, and with some lenders 95%, with the insurance waived entirely. As trusted Melbourne finance brokers, we match your circumstances to the lender with the strongest dental policy. The same medico policies also cover home loans for doctors and other recognised health professionals.
Are you a dentist looking to buy or refinance? Call us on 1300 562 696, and we will tell you which lender policy works best for you.
The Benefits for Dentists
A dentist home loan applies medico concessions to a standard loan. The main benefits are:
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Lower deposit requirements
With the LMI hurdle removed, a 5 to 10% deposit can do the work of 20%, bringing your purchase forward or freeing up cash for the practice or other goals.
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Income treatment for practice owners
If you own or buy into a practice, the right lender reads your business income fairly, with sensible add-backs, rather than taking the most conservative view. That can lift your borrowing capacity.
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Pricing and policy flexibility
Beyond the LMI waiver, some lenders extend sharper rates or more flexible servicing to dentists. The benefit varies by lender, which is why matching the right one matters.
Which Dentists Qualify
Medico policies are based on AHPRA registration and role. Lenders commonly consider three categories, though each keeps its own list:
| Dentist type | How assessed | Typical maximum LVR (no LMI) |
|---|---|---|
| Employed or associate | Payslips or service agreement | Up to 90-95% |
| Specialist (orthodontist, oral surgeon) | Payslips or financials | Up to 95%, often the most generous |
| Practice owner or partner | Business financials and tax returns | Up to 90-95% with add-backs applied |
General guide only; eligibility, caps and income thresholds vary by lender and change over time. AHPRA registration is generally required.
How Lenders Assess a Dentist
Even with a medico policy, the loan still has to stack up on the usual measures:
- your deposit
- your serviceability
- the property itself
The standard serviceability buffer applies, so the lender tests your repayments at a rate above the one you will actually pay. For practice owners, the detail that matters most is add-backs, where the right lender adds non-cash and one-off expenses back to your profit and lifts the income it will use. The skill is presenting your income, whether salary, associate payments or practice profit, to the lender whose policy gives you both the LMI concession and fair treatment of your income.
Why Dentists Work With Loanworx Group
Lender differences on dental policies and self-employed income are wide and not advertised. A dentist home loan broker who knows them works in your favour, which is what you get with us:
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We know each lender’s dental policy
Which lenders waive LMI for dentists, which go to 95%, and which assess practice income most fairly. With over 1500 products, we match you to the right fit.
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We present your income properly
Evidence of registration, the right financials, and a clear story for the lender. Presentation often makes the difference between a modest approval and the one you need.
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We work around your hours
Clinical days are full. We handle the legwork, keep you informed clearly, and aim for a straightforward, supported experience from first chat to settlement.
Buying as a Dentist? Let’s Talk
Whether you are employed, an associate or own your practice, the right lender can cut the cost of LMI and take a fair view of your income. Loanworx Group will find that lender for you. Call us on 1300 562 696.
Who We Help
Dentists share these lending benefits with other health and professional groups. Explore the other groups we help below, or pass this on to a colleague.
Doctors
Medico home loans with LMI waived at high LVRs, plus rate and fee benefits for medical practitioners.
Nurses
Home loan benefits and waivers available to registered nurses and midwives, including shift income.
Pharmacists
Tailored home loans and LMI waivers for pharmacists and community pharmacy owners.
Engineers
Professional home loan benefits and LMI waivers for qualified and chartered engineers.
Lawyers
LMI waivers and professional packages for solicitors, barristers and legal professionals.
Self-Employed
Full-doc and low-doc home loans for business owners and the self-employed.
Low Doc Loans
Home loans with alternative income verification when standard payslips don’t fit.
Teachers
Home loan options and waivers available to teachers and education staff.
LMI Waivers
Borrow up to 90% or more without lenders mortgage insurance, if you qualify.
IT Contractors
Home loans structured for contract and day-rate IT professionals.
Government Help
First home grants, schemes and concessions, explained and matched to you.
Frequently Asked Questions (FAQs)
Can dentists avoid LMI?
Yes. Most lenders with medico policies include dentists and will waive LMI up to 90% of the property value, with some going to 95%. On a larger loan that can save many thousands of dollars. Eligibility depends on your AHPRA registration and the lender’s policy.
How much can a dentist borrow without LMI?
Commonly up to 90% of the property value, and 95% with select lenders. Beyond that policy cap, your actual maximum comes down to your deposit, your serviceability and how the lender views your income, which is where the right policy makes the difference.
Do practice owners qualify?
Yes, though you are assessed as self-employed on business financials and tax returns. Ownership can strengthen an application, but the income needs presenting to a lender that understands dental practices and applies sensible add-backs.
Are dental specialists treated differently?
Specialists such as orthodontists and oral surgeons are recognised by most medico lenders, often with the most generous terms given their earning profile. The right lender reflects that in both the LMI concession and the income assessment.
Do I need to be AHPRA registered?
Generally yes. To access a medico LMI waiver, lenders require current registration with AHPRA in an accepted category. Your registration helps evidence eligibility for the concession.
Does the benefit apply to investment property?
Often yes. Many medico policies extend to investment lending, so the LMI waiver can apply when you buy an investment property as well as your home. We structure both around your wider plans.
Can a broker get me a better outcome?
Often, yes. The difference between lenders on dental policies and self-employed income is significant and not advertised. We match you to the right lender and present your income to get the result you need.
