Home loan refinance
offer for doctors

Lock in a low 2-year fixed home loan with
up to 95% LVR with no LMI + enjoy up to $4,000 rebate*

Kooyong, which is part of Avant, specialises in lending to doctors. With access to a range of banks, including those who offer preferential service, Kooyong secures practice, property and personal finance for doctors by understanding and explaining their unique circumstances to a prospective lender.

If you secured home financing in the year-or-so before the coronavirus pandemic hit, chances are you opted for a variable rate. Back then, the economy seemed shaky, and choosing a fixed rate didn’t make much sense.

But times have changed. Since May this year, many lenders have already begun to raise their fixed rates. This article helps doctors make sense of the current economic situation and decide whether or not to switch to a fixed rate.

Looking for a new home?

Check out our new own home loan offer for doctors here.


We are finance specialists for doctors who offer an extensive range of loan options. Whether you are an intern, doctor-in-training, tenured doctor or run your own practice, we understand what is important. We prioritise your time and resources to help get you the right finance.

Lenders Mortgage Insurance (LMI) is insurance taken out by the lender  to provide a safety net to the bank if the borrower defaults on the loan repayments. This fee is usually added to your loan.

Due to our relationships with lenders and our expertise in understanding the complexities of doctors income structures, we can go along way to help you avoid LMI.

The Loan-to-Value Ratio (LVR) is the proportion of the loan amount to the valuation of the property.

If the property is valued at $1,000,000 and you have $100,000 it will require a loan of $900,000, the LVR is 90%.

Kooyong is currently assisting doctors to purchase an owner-occupied property with a 95% LVR and not be charged with LMI.

Negative gearing is when the yearly property costs are higher than the income it generates. Losses can be offset against other income which makes negative gearing a tax advantage. Working with your accountant or tax advisor, we can help structure your loan to increase the tax effectiveness of your investment.

Due to our relationships with multiple lenders, we can quickly navigate the process to help you put an offer on that dream home sooner. To expedite your application, have your past 3 months of pay slips (or business tax returns if you’re self-employed) ready and start compiling a list of your assets, expenses, and liabilities including credit-cards.  This will help our specialists apply for your pre-approval sooner!

Before I first started working with Kooyong Group, I was doing a lot of my own research into products and services, but the information they provided me, was more comprehensive than anything I was able to source myself.
Dr Ronald Gill

Psychiatrist, Melbourne CL Psychiatry

There’s nothing hidden. They are very transparent, and extremely professional. Other people talk the talk but there’s no substance, which is totally contrary to the Kooyong Group way. What they say, they deliver.
Dr Assuntha Victor

General Practitioner, Broad Oak Medical and Dental

Being a surgeon, I’m extremely time-poor. Kooyong made the complex task of re-financing my house very easy and smooth. Not having to devote a lot of intellectual energy to the process was hugely valuable.
Michael Hii

Oesophago-Gastric and Bariatric Surgeon

Kooyong’s commitment to their customers sets them apart from other banking businesses. They have an incredible work ethic and an impressive determination to get things done. It really seems they also get a buzz out of helping people
Adrian Fox

Hepato Pancreatico Biliary Surgeon

Meeting Richard and seeing that he specialised in the veterinary and medical field certainly gave me confidence that he had an understanding of what is required to finance a start-up, and then to grow it from there.
Dr Wayne Shipman

Veterinarian, owner of Drovers Vet Hospital, Perth

1. Offer commences 17 August 2021 and may be varied or withdrawn at any time.

2. 2.34 % p.a. 2-year fixed interest rate is available for owner-occupier applicants and is subject to change by the lender prior to loan settlement without notice.

3. To be eligible for the bonus rebate, customers need to be refinancing an existing home loan of $250,000 or more to a different financial institution. Rebate payments will be paid as follows:
• $2,000 for loans between $250,000 – $499,999;
• $3,000 for loans between $500,000 – $999,999;
• $4,000 for loans settled over $1,000,000.

Rebate is only available for owner-occupier applicants (excluding refinances of First Home Loan Deposit Scheme loans, non-residents, businesses, trusts and other non-natural persons) whose applications are received, approved and drawn-down between 12 August 2021 and 31 January 2022.

4. Only 1 rebate payment will be paid per property. This offer is only available once per applicant within the offer period. Joint applications are only eligible to receive a single rebate payment. If any of the borrowers/applicants have or will receive a rebate payment resulting from this offer, no further rebate payment will be payable where that individual is a borrower/applicant.

5. This offer is available for approved applicants only whose applications are received from 17th August, 2021 and does not apply to refinances of existing home loans which were brokered by Kooyong Group. Approval is at the complete discretion of the lender.

6. Offer current as at 27 October 2021.

1 Comparison rates are based on a secured loan of $150,000 over a term of 25 years.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

This information is general only and has not been prepared to suit your specific objectives, financial situation or needs. Please consider its appropriateness to your circumstances.

© 2021 KA JV Pty Ltd. Kooyong Group is a trade mark of KA JV Pty Ltd (ACN 637769361) exclusively licensed to KA JV 2 Pty Ltd (ABN 75640406784). KA JV 2 Pty Ltd (ABN 75640406784), Credit Representative Number 523242 is an authorised credit representative for Australian Finance Group Ltd (ABN 11066385822), Australian Credit Licence Number 389087. Credit services or assistance to which the National Credit Code applies are provided by KA JV 2 Pty Ltd (a wholly owned subsidiary of KA JV Pty Ltd). Eligibility criteria, terms and conditions, fees and charges apply. Contact us for further details and to obtain a copy of our Credit Guide.