Home Loans for Optometrists - Brampton Finance
Specialist Mortgage Solutions for Optometrists
Optometrists are recognised as trusted medical professionals with stable, high-income careers. Because of this, many banks — including Westpac, ANZ, and CBA — extend exclusive medico lending policies to optometrists. This means you could qualify for a home loan up to 90% of the property value without paying Lenders Mortgage Insurance (LMI) — saving you thousands upfront.
At Brampton Finance, we specialise in helping optometrists access these benefits and structure loans that work for both their personal and professional goals.
Why Optometrists Get Exclusive Lending Benefits
Like doctors, dentists, and pharmacists, optometrists are considered low-risk borrowers due to their professional standing and income stability. Banks are keen to attract you as a customer, so they offer:
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Borrow up to 90% with no LMI
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Discounted professional package interest rates
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Higher borrowing capacity than standard applicants
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Recognition of practice income, partnerships, and company structures
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Access to priority assessment teams for faster approvals
How Brampton Finance Helps Optometrists
We understand the unique financial profile of optometrists, whether you:
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Work in a private practice or corporate clinic
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Run your own business with company or trust structures
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Balance PAYG income with self-employment earnings
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Want to expand your property portfolio or purchase your first home
Our brokers match you with the right lender policy and negotiate terms that maximise your borrowing power while minimising costs.
Example Scenario
An optometrist purchasing a $1.1M property:
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Standard borrower with 10% deposit → Pays approx. $22,000 in LMI.
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Optometrist under medico lending → No LMI charged, saving thousands upfront.
Frequently Asked Questions
Can optometrists get a home loan with no LMI?
Yes. Many banks allow optometrists to borrow up to 90% of the property value without LMI.
Do I need to own a practice to qualify?
No. Both employed and self-employed optometrists are eligible for medico lending policies.
What if my income comes from multiple sources?
Lenders recognise the varied income structures of optometrists, including PAYG, business income, trusts, and partnerships.
Do optometrists qualify for better rates?
Yes. Some lenders provide special discounted rates as part of professional home loan packages for optometrists.
Get Started Today
At Brampton Finance, we know how to structure optometrist mortgages so you access the maximum benefits available.
Office: Level 7, 35 Spring Street, Bondi Junction NSW 2022
Phone: 02 9389 1077
Email: info@bramptonfinance.com.au
Contact us today to find out how much you can save.