Looking for a Professional Medico Loans? We can help.
A Medico home loan is a mortgage product that is specifically designed for medical professionals, such as doctors, nurses, dentists, pharmacists, veterinarians, and other authorised healthcare practitioners. These loans are intended to meet the unique financial situations and requirements of individuals in the medical field, offering a range of advantages and characteristics that are not commonly found in traditional home loans.
The benefits of Medico home loans include competitive interest rates, adaptable lending criteria, and increased borrowing limits, all of which are specifically designed to accommodate the frequently changing income and financial responsibilities of medical professionals. Medico home loans are committed to providing healthcare professionals with more accessible and advantageous financing options.
Medical professional house loans frequently include the following features:
- Reduced Interest Rates and Fees: Medical professionals often get lower interest rates and reduced fees due to their stable income.
- Flexible Underwriting Criteria: Higher loan amounts and consideration of alternative income sources like shift allowances and overtime.
- Smaller Deposits: Medico loans may require only a 5% or even 0% deposit, unlike the typical 20%.
- LMI Waivers: Exemption from lender's mortgage insurance (LMI) with low deposits, sometimes as low as 0%.
- Special Loan Features: Access to offset accounts and redraw facilities for fixed-rate loans.
- Faster Loan Assessments: Expedited loan processing for quicker approvals.
- Flexible Repayment Terms: Options to switch from principal-and-interest to interest-only repayments for greater flexibility.

Simplified Medico Home Loans - Smooth Home Loans
Professional Medico Loans offer tailored financial solutions for medical professionals, providing benefits like lower interest rates, flexible criteria, smaller deposits, LMI waivers, special loan features, faster approvals, and flexible repayment terms to accommodate their unique financial needs.
For those in the medical field, there is a specialised house loan option called a Professional Medico Loan that provides personalised financial solutions and exclusive perks.
Benefits often include lower interest rates, reduced fees, smaller deposit requirements, LMI waivers, special loan features like offset accounts and redraw facilities, faster loan assessments, and flexible repayment terms.
To obtain a Medico Loan, you can submit an application to lenders who provide these specialised financial solutions. It is recommended to seek guidance from a financial counsellor or mortgage broker who possesses a comprehensive understanding of the distinct requirements of medical professionals.
Why choose Smooth Home Loans?
Australian based
Seek support from our friendly Australian-based lending specialists.
Flexible options
Exploring offset savings or extra repayments? Our diverse loan features fit your needs.
Low interest rates
As an online lender with lower overheads, we pass on savings to you, our customers.