Medico Loans

Sometimes referred as the Medico pack home loans; as the name suggest it’s a special discounted home loan made available to certain medical professionals. According to bank’s statistics Doctors have the lowest mortgage delinquency rate + have a higher than average loan size.

What sort of special deal/treatments do doctors and medical professional receive?

Depending on the bank, field of profession, how strong your case is, security type and the loan amount, it will range from;

  • Discounted interest rate
  • Discounts on LMI
  • No LMI loans
  • Easier loan approval- even for the ” typical hard basket deals”
  • No valuation
  • No set up cost or application cost
  • Special interest rate for family members
  • Easier cash out /equity release policy


The top 10:

  • Chiropractor
  • Doctor of Medicine
  • Dentist
  • Pharmacist
  • General practitioner
  • Surgeons
  • Optometrist
  • Radiologist
  • Veterinarian
  • Physiotherapist