Surgeons
Public appointment, private billings and a structure to match.
Procedural income is strong but lumpy, often runs through a company or trust, and sits alongside rooms, equipment and property decisions. I read the whole position before a lender does.
Your list is full. Let me take the lender legwork off it.
The challenges
Sound familiar?
If you're employed (PAYG)
- Public appointment salary and on-call
- Penalty rates and allowances
- Salary packaging
If you're self-employed, contracting or an owner
- Private billings through a company or trust
- Valid add-backs and distributions
- Rooms, equipment and day-hospital interests
How I read your income
Public appointment
Salary and on-call presented with payslips.
Private billings
Company and trust financials reconciled with valid add-backs.
Lumpy income
Averaged over a suitable period and explained.
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.
Public appointment contract and payslips
Company and trust financials
Personal tax returns
Details of rooms, equipment or other interests
Benefits
What selected lenders may offer
High LVR lending with no LMI at selected lenders for eligible surgeons
Valid add-backs considered at selected lenders when supported
Rooms and equipment finance, and owner-occupied commercial purchase for rooms
Investment lending sequenced alongside your accountant's structure
Eligible professionals at selected lenders only. Criteria apply, policies change, subject to credit approval.
Buying or running a practice? See practice owner financeCommon assumptions
What you've been told, and why it's wrong
| Told | Why it's wrong |
|---|---|
| Company income only counts as what you draw. | Selected lenders consider company profit and valid add-backs. Criteria apply. |
| You need a big deposit for your own rooms. | Selected lenders may fund up to 100% LVR on owner-occupied commercial property, subject to criteria and credit approval. |
| Your bank will give you the best deal. | Pricing and policy differ between lenders. A comparison makes the trade-offs visible. |
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.