Home loan specialists for pharmacists

Ardent Capital Group brings the same method to every client: execution and strategy, clear advice for smart lending, and long-term growth. That means the right lender, structure and timing, straight advice so you borrow with confidence, and today's deal built toward where you want to be tomorrow. For pharmacists that means understanding a business you are required by law to own personally, how a lender reads the income and the guarantees that come with it, and how to keep your home out of the security over your pharmacy where that is possible. Commercial property for business owners is our main speciality, so the pharmacy and its premises are familiar ground. Every figure is subject to serviceability, lender appetite and approval.

Pharmacists sit in the allied health group of the health lending programs, which commonly allows up to ninety per cent of the property value with the mortgage insurance premium waived, above an income entry point commonly set at $90,000. That is a meaningfully better start than standard policy, where the premium applies above eighty per cent. Some comparison pages quote a higher maximum for pharmacists than the lender documents support, so plan against the real figure. Lists differ between lenders and are subject to approval.

Across our lending we arrange finance from $50K up to $30M, and home loans sit within that range, including prestige purchases that fall outside standard bank policy. Your borrowing capacity comes down to income, existing commitments and the property itself.

It matters more than most owners realise. Ownership is restricted by law to registered pharmacists or entities they own, and most states cap how many one person may hold. Because the only available buyer is another pharmacist, the exit market is narrower than for a general business, and lenders account for that when they assess the pharmacy as security. The practical consequence is that your wealth concentrates in an asset you must personally hold, which is exactly why the way your home sits alongside it deserves a deliberate decision.

From the business financial statements and your personal returns read together, rather than from payslips. The two need to reconcile, and add-backs are worth identifying carefully, because depreciation, one-off costs and certain interest items can legitimately lift the income a lender recognises. Where the pharmacy sits in a trust or company, distributions generally need a consistent history before they count as your income.

Not necessarily, and this is worth settling early. Business lending is commonly secured by a general security agreement over the business assets, registered on the personal property securities register, which leaves your home outside the arrangement. The alternative happens easily by default, and once your home is attached to a business facility, selling or refinancing it becomes a conversation with two lenders. It is far simpler to structure deliberately at the start than to separate afterwards.

Yes. A guarantee is counted against your borrowing capacity even where the debt is not in your own name, because a lender has to assume you may be called on. That does not stop you buying, it changes the number. Lenders differ considerably in how they treat guarantees and business debt held in an entity, which is one of the clearer cases where the lender you are taken to decides the outcome.

Yes, and most owners do. Business debt, fit-out facilities and guarantees all sit in your position and reduce what a lender will advance for a home, so what changes is capacity rather than eligibility. Sometimes restructuring an existing facility before applying is the highest-value step available. We look at the whole position and tell you the real number before you make an offer.

It is reachable, and it comes from bringing additional security to the file rather than from a larger loan against the one property. That means either a family member offering their own property as part security, or equity you add from a property you already own. Your income still has to service the whole loan, so the additional security covers the deposit gap rather than replacing serviceability.

There are usually a few, and they are worth exploring before you assume the program is out of reach. Consistent overtime and regular allowances can sometimes be counted toward the figure, a partner’s income may change how the application is structured, and not every lender sets the entry point in the same place. Where the program genuinely does not apply yet, standard lending still gets you there with a larger deposit or with the premium paid, and we will show you what each path costs.

Yes, and many pharmacy owners already hold assets that way. What changes is how the income is traced: a distribution from a discretionary trust generally needs a consistent history before a lender treats it as income, and the entity accounts need to agree with what is claimed. How you hold assets is a decision for you and your accountant. Our part is arranging finance that works around the structure you already have.

Yes, and commercial property for business owners is our main speciality. It is a separate purchase from the business, assessed on the building and the lease rather than the trade, and our commercial mortgage for pharmacy premises page sets out how those purchases work. Rent you stop paying to a landlord is added back when serviceability is tested, which is why buying premises you already trade from is often more achievable than owners expect.

Sometimes, but the policies are narrower than for the home you live in and they vary between lenders. Some extend the health program to investment purchases, others confine it to owner-occupied. Worth checking before you commit to a purchase rather than assuming either way.

With some lenders, yes, and with one major, no. That major publishes an explicit list of medical professions it treats as ineligible, and pharmacists are named on it. A second major takes the opposite view and includes pharmacists in its allied health waiver program at up to 90%, above a minimum income of $90,000 a year. A decline from the first lender is not a read on the market, it is a read on that lender's list. Every figure is subject to serviceability, lender appetite and approval.

On the program that covers pharmacists, yes, $90,000 a year, with casual income annualised over 52 weeks. That annualisation matters where you work part time or across more than one employer, because it is assessed on the annualised figure rather than what landed in your account last month. Every figure is subject to serviceability, lender appetite and approval.

One major sets a maximum loan of $5 million with total lending of $7.5 million where the premium is waived. Those are ceilings on the waiver rather than on borrowing generally. Every figure is subject to serviceability, lender appetite and approval.

No. The waiver is not automatic. It has to be requested as part of the application, and it is tied to your registration status: general and specialist registration qualify, while provisional, limited and non-practising registration do not. A temporary non-practising period, parental leave for instance, may still be accepted. We raise it at application rather than assuming it will be applied.

For an employed pharmacist: recent payslips, a year-to-date summary, your employment contract, identification and statements for existing debts. For an owner: add the pharmacy financial statements and tax returns, and the entity accounts and trust deed where a structure is involved, plus details of any guarantee you have given. We give you one list up front rather than asking in instalments.

Pre-approval commonly comes through within a few days once the documents are together. Full approval after you have found a property depends on the lender and the valuation, and usually follows soon after. Owner files take longer to assemble than salaried ones, which is a good reason to start before you are house hunting rather than during.

In most cases our service does not cost you anything. We are paid by the lender once your loan settles, so you get the comparison across more than 40 lenders and the management of the process at no charge. If anything unusual applies to your situation, we will be upfront about it before any work begins.

Although we are based in Sydney, we service clients across all major Australian cities, including Melbourne, Perth, Brisbane, the Gold Coast, Adelaide, Canberra and Hobart, along with their surrounding regional areas. Wherever in Australia you are buying, we can arrange your home loan.

Commercial property for business owners is our main speciality, so alongside your home loan we arrange finance to buy pharmacy premises and to buy into a pharmacy. We also arrange fit-out and equipment finance, including dispensary automation, and working capital where stock and trading cycles need it.

No. Arranging finance and advising on financial products are two different disciplines, and we do the first. What we bring is the credit analysis lenders require, the structuring of the facility, and the strategy for putting your application in front of lenders whose appetite matches it.

Because we act as a credit representative under an Australian Credit Licence, we do not give financial product, superannuation, taxation or legal advice, and nothing we provide should be taken as such. Where your circumstances need that input, we are happy to work with your accountant, financial adviser and solicitor to understand the full picture before anything is submitted.

The information on this page is general in nature and does not take account of your objectives, financial situation or needs.