Fellow
Last reviewed 13 June 2026 by Nick Lim, finance broker (FBAA).
Fellow is a clinician who has completed specialty training and gained fellowship of a medical college, such as FRACGP or FRACS, marking them as a qualified specialist. Fellows and consultants access the most generous medico lending, often borrowing up to 90 to 100 percent with LMI waived, because they are seen as very low risk. It is the qualification that follows the registrar stage after AHPRA registration.
Why Fellow Matters
Fellowship marks the top of the training ladder, and it is where the most generous medico lending terms apply.
- A qualified specialist with college fellowship
- Examples include FRACGP and FRACS
- Accesses the strongest medico LVR terms
- Often up to 90 to 100 percent with LMI waived
- Follows the registrar stage
Common Features of Fellow
- Completed specialty training
- College fellowship qualification
- High and stable income
- Lowest-risk medico borrower
- Eligible for premium lending terms
Official reference: ahpra.gov.au
What is a fellow?
A clinician who has completed specialty training and holds fellowship of a medical college, marking them as a specialist.
What lending can a fellow access?
Often the strongest medico terms, up to 90 to 100 percent LVR with LMI waived.
Fellow vs registrar?
A registrar is still training; a fellow has completed it and is a qualified specialist.
Why are fellows low risk for lenders?
Because they have high, stable specialist income and secure career prospects.
Does a fellow need AHPRA registration?
Yes, current AHPRA registration is required for medico lending.