Specialists & registrars
Your training path is clear. Lenders don't always see it.
Rotations, interstate moves, college fees and the step up to consultant income can make a strong position look uncertain. I explain the path so lenders read it properly.
Between rosters, exams and on-call, there's no spare time. I'll handle the lender side.
The challenges
Sound familiar?
If you're employed (PAYG)
- Base salary, penalty rates, overtime and on-call
- Rotations and new contracts explained
- Salary packaging added back properly
If you're self-employed, contracting or an owner
- Locum and sessional income through an ABN
- Private practice income after fellowship
- Company or trust structures
How I read your income
Base and penalties
Base, penalty rates, overtime and on-call presented with payslips and history.
Rotations
Contracts across hospitals read as one training path.
Fellowship step
Expected change in income explained, without assuming it.
Criteria apply and policies change.
What to have ready
Documents usually needed
I don't give tax or structuring advice. I work alongside your accountant or adviser.
Current contract and rotation details
Recent payslips and a year-to-date summary
Salary packaging statements
AHPRA registration and training program details
Benefits
What selected lenders may offer
LMI waivers for eligible doctors in training at selected lenders
Lenders that consider future income for eligible registrars, subject to criteria
Investment lending sequenced around training and the fellowship step
Eligible professionals at selected lenders only. Criteria apply, policies change, subject to credit approval.
Common assumptions
What you've been told, and why it's wrong
| Told | Why it's wrong |
|---|---|
| You can't borrow until you're a consultant. | Selected lenders lend to eligible registrars and doctors in training. Criteria apply. |
| An interstate rotation will stop your loan. | Not necessarily. A rotation within the same training program can be explained. Lender criteria apply. |
| Locum income won't count. | Some selected lenders count regular, evidenced locum income. Policies change. |
FAQ
Questions about this position
General information only. It does not consider your personal circumstances. Eligibility, loan-to-value limits, professions covered and lender policies vary and change. Subject to lender credit approval.
Put the real numbers in front of you.
I'll read the position, show the calculation and explain the trade-offs, no guesswork, no rework.