Medico Loans

Exclusive Home Loan Benefits for Medical Professionals

As a medical professional, your financial needs are unique, and so are the opportunities available to you when it comes to securing a home loan. At ARC Lending Network, we specialise in Medico Loans, designed specifically to cater to doctors, dentists, veterinarians, pharmacists, and other approved healthcare practitioners. These loans offer a range of exclusive benefits that aren’t typically available with standard home loans, ensuring you get the most out of your lending while accommodating your professional circumstances.

What is a Medico Loan?

A Medico Loan is a specialised home loan tailored for those in the medical field. Given the stable income and high earning potential of medical professionals, lenders often offer more favourable terms, including lower interest rates, reduced fees, and more flexible lending criteria.

Eligibilty for Medico Loans

To qualify for a Medico Loan, you typically need to be on the lender-approved list of medical professionals and registered with the relevant medical board. Professions that commonly qualify include:

  • General Practitioners and Specialists

  • Dentists and Orthodontists

  • Pharmacists

  • Veterinarians

  • Physiotherapists and Chiropractors

  • Nurses and Midwives

  • Optometrists and Radiologists

If your profession isn’t listed, don’t hesitate to reach out—we can check with lenders to confirm your eligibility.

Why Consider a Medico Loan?

Medico Loans provide several advantages, making them an excellent choice for eligible healthcare professionals:

  • Reduced Interest Rates and Fees: Lenders offer preferential interest rates and reduced fees for medical professionals, recognising the lower risk associated with their stable income streams.

  • Waived Lenders Mortgage Insurance (LMI): With a Medico Loan, you may be able to borrow up to 90% of the property’s value without paying Lenders Mortgage Insurance, even with a smaller deposit. This can save you thousands of dollars upfront.

  • Higher Borrowing Capacity: Lenders often allow medical professionals to borrow more than they would typically lend to borrowers in other professions, reflecting the higher income and job stability in the medical field.

  • Flexible Deposit Requirements: Unlike traditional home loans that usually require a 20% deposit, Medico Loans may allow you to secure a loan with as little as 5% deposit or even 0%, depending on the lender and your circumstances.

  • Special Loan Features: Medico Loans often come with added features like offset accounts and the ability to make extra repayments, giving you greater flexibility in managing your mortgage.

  • Expedited Loan Processing: Applications for Medico Loans are often prioritised, leading to faster approval times, so you can move forward with your property purchase without unnecessary delays.

Why Choose ARC Lending Network?

Medico Loan Experts

We understand the unique financial circumstances of medical professionals and have the expertise to match you with the best loan products available.

Access to Lenders

With a wide network of lender partnerships, we can offer you competitive rates and terms that aren’t always available directly through banks.

Ongoing Support

From application to settlement and beyond, we’re with you every step of the way, ensuring your loan continues to serve your best interests.

Ready to Secure Your Medico Loan?

If you’re a medical professional looking to purchase or refinance a property, contact us today to explore your options. At ARC Lending Network, we’re dedicated to helping you achieve your financial goals with a loan tailored to your unique professional circumstances.