Are you a doctor or expat? ANZ’s loan offers could benefit you big time


This blog post examines the benefits of ANZ’s loan offers for new clients who are doctors or expats, and discusses why they are important.

Being a doctor in the medical field often puts you in a beneficial position when it comes to applying for a loan, while being an expat can make loan applications somewhat difficult at times.

However, ANZ has loan offers that cater to new clients from both backgrounds, and it is necessary to understand how these loans could potentially benefit you.

Being aware of these offers could help you save in an ever-changing and financially difficult world.

Benefits for doctors

If you are a doctor and an existing customer of ANZ with a loan to value ratio (LVR) that is at maximum ninety percent, ANZ will waive their loan mortgage insurance premium (LMI) for you.

However, if you also have a Debt-to-Income (DTI) ratio that is less than six and meet the LMI waiver requirements, you are able to borrow a maximum of 95% LVR and also will not have to pay the LMI premium.

You may be wondering what this debt-to-income ratio means. In this case, it means that in order to be eligible for the higher LVR, your debt must not be six times higher than your income.

Having a higher LVR threshold means that you will be able to purchase your dream home with a smaller deposit, helping you save in the long term.

Everything expats need to know

Meanwhile, if you’re an expat you are eligible for some great benefits too.

ANZ defines expats as citizens from New Zealand or Australia that are getting an overseas income while working and living in a foreign country – however they must be receiving employment income (PAYG) or they must be a contractor who is employed on a single employment contract.

If you are an expat, you could be eligible to borrow at maximum an LVR of 95%.

This is a good move, as many other lenders cap the LVR for expats at a much lower percentage.

ANZ’s decision, however, allows expats to give a smaller deposit.

This means that money will be a little less tight when you are looking to buy your next home.

In a cost-of-living crisis, saving even a little can go a long way.

Key points

Below are listed several key points to keep in mind when considering ANZ and the offers mentioned above.

  • These offers are for doctors and expats only. If you are not in these two categories, please get in touch with a mortgage broker at AA Finance Solutions to explore your options.
  • Doctors and expats can both be eligible for an LVR of 95% – no small amount.
  •  Other conditions may apply. Don’t forget to speak to a lender to ensure you are eligible.

Keep these key points in mind when considering your loan options for your next property purchase.


In conclusion, ANZ’s policy for doctors and expats is unique and worth keeping in mind if you are looking at buying a new home.

These offers could help you save in the long run, which is more important than ever in the current financial climate.

If you or someone you know is interested in finding out more about this offer, or you simply have some questions concerning home loans, please get in touch with the friendly team at AA Finance Solutions for help and support.

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