Brampton Finance – Home Loans for Pharmacists
Specialist Mortgage Solutions for Pharmacists
Pharmacists are trusted health professionals with stable, high-demand careers. Lenders such as Westpac, CBA, and ANZ recognise this and often extend their medico lending policies to pharmacists — meaning you could be eligible for a 90% home loan with no Lenders Mortgage Insurance (LMI).
At Brampton Finance, we help pharmacists access these exclusive lending benefits and structure their mortgages for maximum flexibility and cost savings. Whether you’re buying your first home, upgrading, or investing in property, our team will guide you every step of the way.
Why Pharmacists Qualify for Exclusive Home Loan Benefits
Like doctors and dentists, pharmacists are considered low-risk, high-income borrowers. This means banks may waive LMI and offer better terms compared to standard applicants.
Benefits for pharmacists include:
-
Borrow up to 90% of the property value with no LMI
-
Competitive interest rate discounts under medico lending programs
-
Higher borrowing power due to professional recognition
-
Acceptance of PAYG, self-employed, and partnership income structures
-
Fast-tracked applications with dedicated lender teams
How Brampton Finance Helps Pharmacists
Pharmacists may work in different structures — community pharmacy, hospital pharmacy, or as business owners. We specialise in navigating these unique situations, ensuring your loan is approved with the most favourable lender policy available.
We can help with:
-
Home loans for first-time buyers
-
Refinancing existing loans to take advantage of no-LMI benefits
-
Structuring mortgages for investment properties
-
Loans for pharmacy business owners with complex income
Example Scenario
A pharmacist purchasing a $950,000 property:
-
Standard borrower with 10% deposit → Pays approx. $20,000 in LMI.
-
Pharmacist under medico policy → No LMI charged, saving thousands upfront.
Frequently Asked Questions
Can pharmacists get a home loan without LMI?
Yes. Many lenders offer pharmacists the ability to borrow up to 90% without LMI under medico lending policies.
Do I need to own a pharmacy business to qualify?
No. Both employed and self-employed pharmacists are eligible.
Can pharmacists qualify for better interest rates?
Yes. Some banks provide exclusive rate discounts for pharmacists as part of professional packages.
What if my income comes from multiple sources?
We work with lenders who understand the unique income structures of pharmacists, including partnerships and company ownership.
Get Started Today
At Brampton Finance, we know how to structure pharmacist mortgages so you receive the maximum benefits.
Office: Level 7, 35 Spring Street, Bondi Junction NSW 2022
Phone: 02 9389 1077
Email: info@bramptonfinance.com.au
Contact us today to discuss your options.