Most lenders want two full years of self-employed financials, which stops newly self-employed dentists dead — even when the income is strong and consistent. Specialist policies can work from a shorter ABN history, and treat associate agreements as reliable income rather than a red flag. If you have been declined on ABN duration alone, that is a lender problem, not a you problem.
Most buyers need a 20% deposit to avoid lender's mortgage insurance. Essential worker waivers remove it entirely — often tens of thousands of dollars that stays in your pocket.
Standard assessments count as little as 80 cents in every dollar of secondary income. Specialist policies count all of it, which directly raises what you can borrow.
Packaged income is routinely mishandled or ignored. Presented correctly to the right lender, it works in your favour rather than disappearing from the assessment.
Yes. Dentists are on the eligible professions list for LMI waivers with a number of lenders, commonly to 90% of the property value and in some cases higher. Eligibility and limits vary by lender.
Often yes. Some lenders will assess a dentist on twelve months of financials, or in limited cases less, where the income is well documented. The two-year rule is a lender policy, not a universal requirement.
Not automatically. Practice and equipment finance is assessed as a commitment, but a lender familiar with dental practices will treat it in the context of the income it generates.
Yes, and usually more simply — PAYG dental income is straightforward, and the essential worker LMI waiver still applies.