LMI waivers may apply
Some lenders extend medico-style LMI waivers to eligible physiotherapists.
ALLIED HEALTH LENDING
Home loans for physiotherapists.
You look after your patients.
We’ll look after the home loan.
As an allied health professional, you may access medico-style lending — waived or reduced LMI, discounted rates and, at times, cashback. These benefits are conditional, so the value is checking which genuinely apply to you. Personal guidance from Ausfirst Lending Group’s mortgage brokers in Caloundra and across Queensland.
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Medico-style terms.Let’s check which ones apply to you.
SAVEon LMI,
where eligible.
where eligible.
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ALLIED HEALTH, CONDITIONAL BENEFITS
Physiotherapists can access
medico-style terms.
Lenders often view physiotherapists as lower-risk borrowers, with steady demand for the profession and consistent repayment histories, so some extend medico-style benefits like waived LMI and professional pricing. The eligible occupations and the size of the benefit vary more between lenders than they do for doctors, so the value is in checking which policy genuinely applies to you.
Shift & casual income understood
PAYG, casual, overtime or self-employed, presented the way lenders assess it.
One adviser, start to finish
The same person from first chat through to settlement.
Not sure which benefits apply to you? Eligible occupations and LVR limits vary by lender. We’ll check which policy genuinely fits.
Start with a free chatWHAT PHYSIOTHERAPISTS MAY ACCESS
Where your profession
can change the deal.
Subject to lender policy and eligibility, being an allied health professional can change the terms on offer.
Waived or reduced LMI
Some lenders allow eligible physios to borrow up to 90% of a property’s value without LMI, which can save thousands upfront. It’s conditional, so we confirm it against current lender policy before you rely on it.
Discounted interest rates
Some lenders offer reduced or professional-package rates to eligible borrowers, which can apply for the life of the loan — a meaningful saving over time.
Cashback offers
From time to time, lenders run cashback offers on a new loan or a refinance. Availability and amounts change and depend on eligibility, so we check what’s current.
Fee waivers & flexible features
Some lenders waive annual package fees on larger loans, and LMI-waived loans usually still include offset accounts, redraw and split options, matched to how you manage your money.
A QUICK COMPARISON
Standard applicant, or eligible physio?
| At 90% of the value | Standard | Eligible physio |
|---|---|---|
| Deposit | 10% | 10% |
| LMI | Usually payable | May be waived |
| Rate | Standard | Professional pricing possible |
| Who qualifies | Most borrowers | Eligible physios |
Benefits, eligible occupations and LVR limits vary by lender and can change. Standard lending criteria still apply.
Check if I’m eligibleKNOW YOUR LVR
Where does your
deposit put you?
Your loan-to-value ratio (LVR) is the loan as a percentage of the property value. Above 80%, LMI usually applies, unless you qualify for a medico-style waiver or a scheme.
We check your LVR against each lender’s waiver limits and how they assess your income.
- Profession and AHPRA registration checked
- Lender LVR limits compared
- Your income type assessed correctly
- Alternatives if a waiver doesn’t apply
YOUR LVR, AT A GLANCE
What’s your loan-to-value ratio?
$100k$3m
Your LVR90%
What it may meanA waiver may apply
Illustration only. Excludes buying costs such as duty and legal fees. LVR is based on the lender’s valuation, which may differ from the price. Waiver eligibility depends on the lender and your profession.
Check my actual optionsHOW LENDERS ASSESS A PHYSIO’S INCOME
Every income type,
read the right way.
Physios earn in a few different ways, and how much of each a lender counts varies. Presenting it correctly is where a good match pays off.
PRESENTED THE WAY LENDERS READ IT
Your income, matched to the right lender.
Whether you’re employed, casual or self-employed, we present your income the way lenders assess it, then match you to the lender whose income rules suit how you earn.
The right match matters most for casual, overtime and self-employed physios, where lenders differ widely.
Full-time or part-time
Salaried physios are the simplest to assess, usually 100% of base pay. AHPRA registration and current employment are generally all that’s needed, with no set income threshold and early-career physios often included.
Casual income
Many lenders count 100% of casual income, typically after three to twelve months in the role. The right lender match matters, since some are far more comfortable with casual work than others.
Overtime & allowances
Overtime is often counted at around 80%, and sometimes 100% where it’s consistent. Allowances are typically assessed at about 80%, depending on the type.
Practice owners
Most lenders want two years of tax returns, with add-backs applied. For newer ABNs, a low-doc approach can work.
HOW IT CAN WORK
A few common
situations.
General illustrations only — your outcome depends on the lender and your circumstances.
Funding a build or granny flat
Where one bank says the equity isn’t enough, another lender with a higher construction LVR — and, where eligible, an LMI waiver — may make the project viable. The right valuation and lender matter.
Reviewing at fixed-rate expiry
Coming off a fixed rate often means a jump in repayments. Reviewing the market before you roll onto the revert rate can surface a more competitive option, sometimes with cashback.
Buying while on probation
Some lenders decline borrowers on probation; others will lend where there’s continuous employment history in the same field. Matching you to the second kind can be the difference between a yes and a no.
On probation, working casually or just starting out? We’ll match you to a lender comfortable with your situation.
Talk about my situationHOW WE WORK
Advice before
commitment.
A simple, four-step process built around getting the match right before you apply.
UNDERSTAND
An obligation-free conversation
We work out what you can borrow and which allied-health policies you qualify for — no cost, no pressure.
ANALYSE & PLAN
A tailored strategy
We assess the panel and recommend the lender whose policy and income rules best fit how you earn.
APPLY
We handle the application
We prepare and submit everything, including your AHPRA and income evidence, and liaise with the lender and solicitor for you.
SUPPORT
Settlement, and beyond
We see it through to settlement and review your loan at six months to check it remains competitive.
Richard LukeFounder · Ausfirst Lending Group
WHAT MAKES AUSFIRST DIFFERENT
Allied-health eligibility varies.
We track it.
You’re looked after by someone who treats your financial success as his own.
Allied-health eligibility varies more than it does for doctors. We keep track of which lenders extend medico-style benefits to physiotherapists, and at what LVR, so you’re not assuming a policy that doesn’t apply.
Our team includes former bank staff who know how lenders read casual, overtime and self-employed income, so a physio file isn’t undersold. You deal directly with Richard Luke, our director, with more than 30 years in Queensland lending — not a call centre.
One point of contactFormer bank staff2024 Sunshine Coast Business Awards finalist
Talk to a brokerMore about RichardWHAT OUR CLIENTS SAY
Good people.
Great support.
ExcellentBased on 81 Google reviews
Google review
“Richard and team made the process simple and efficient, with great communication along the way!”
Google review
“My partner and I came to them after another broker rejected our application. Richard stepped in and the team got us an answer within 24 hours. Professional, relentless, and truly dedicated.”
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“From our very first conversation, it was obvious he genuinely cared about the best outcome for us — knowledgeable, responsive and patient. Richard is the person you want in your corner.”
Excerpts from client reviews on Google. These reflect individual experiences.
PHYSIOTHERAPIST HOME LOAN FAQS
Physio lending.
Real questions.
The questions we’re asked most about allied-health lending. Your circumstances matter, so we’re happy to talk through the detail.
Ask about my situationDo physiotherapists really get special home loan benefits?
With some lenders, yes. As an allied health profession, physiotherapy can attract medico-style benefits — waived or reduced LMI, discounted rates and sometimes cashback — but they’re conditional and vary between lenders. We check which genuinely apply to you rather than assume every “physio deal” does.
Can physiotherapists get a home loan with no LMI?
Sometimes. Eligible physios may borrow up to 90% of a property’s value without LMI with certain lenders, subject to the lender’s policy, your income and the property. We confirm current eligibility before you rely on it.
Do I need a large deposit to qualify for a home loan?
A 20% deposit avoids LMI on a standard loan, but eligible physios may be able to buy with less — often from around 10% — without LMI. A government scheme or a family guarantee can be other paths. We’ll show you what applies.
Can I apply if I’m working casually or on probation?
Often, yes. Many lenders count 100% of casual income after a period in the role, and some will lend during a probation period where you have continuous employment history in the same field. The lender match is what matters.
What if I run my own physiotherapy practice?
Most lenders want two years of tax returns, with add-backs applied. For a newer ABN, a low-doc approach may suit. We present self-employed income the way lenders assess it, and can also talk through self-employed home loans.
Can I refinance my home loan and still access physiotherapist benefits?
Yes. Waived or reduced LMI, professional pricing and cashback can apply on a refinance too, subject to lender policy and your eligibility. Reviewing at fixed-rate expiry is a common time to check.
Does using a broker cost more?
For most home loans our service is at no direct cost to you, because the lender pays us a commission on settlement. We explain and disclose any fees before you proceed.
START WITH A CONVERSATION
Talk to a broker who knows
allied-health lending.
You look after your patients — we’ll look after the home loan. Tell us how you earn and what you’re buying, and we’ll show you which benefits you qualify for. A quick, obligation-free chat is the best place to start.
Your profession checked against lender policies
Your income presented the way lenders read it
One adviser from first chat to settlement
Visit us in Caloundra
Suite 3/74 Bulcock St, Caloundra QLD 4551
Monday–Friday, and by appointment
YOUR FREE CONSULTATION
Tell us how you earn.
Send our team a little about your work and what you’re buying.
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