Background
From the lender's side of the desk
Phil began his career inside the bank, as a senior lender at Westpac across residential, investment and commercial lending, before moving to broking with Model Mortgages in 2010. That background shapes how he works today: he knows how a credit team reads a file, where applications quietly lose ground, and how to present medical income so an underwriter sees the strength in it rather than the complexity.
Rather than feeding a file through an automated scoring matrix, Phil prepares each scenario manually — matching the borrower's profession, registration tier and income mix to the lender whose policy recognises them, and presenting a clear, compliance-aware structure to specialist underwriters. For registrars, specialists and practice directors, that hands-on approach is often the difference between a generic answer and the professional policy they may be entitled to.
Where Phil focuses
- Home and investment lending for doctors, dentists and medical professionals, including LMI-waiver eligibility for qualifying borrowers
- Complex income assessment — private billing, Medicare, hospital contracts, locum and contractor arrangements, and trust or company distributions
- Practice acquisition debt, goodwill and clinic fit-outs
- Commercial rooms and premises, and equipment and asset finance
- Structuring through discretionary trusts and corporate trustees where appropriate
How he works with clients
Phil works alongside Virginia Graham Riches and the wider Model Mortgages team, and many medical clients arrive on referral from accountants and colleagues. The brief is consistent: understand the full picture first, structure for where the client is heading — not just today's purchase — and keep them informed in plain English at every step. It is the kind of relationship clients come back to for their next property, their practice buy-in, or their rooms.
Medical Finance Australia is a specialist division of Model Mortgages Pty Ltd, operating under Australian Credit Licence 387460. The information on this page is general only and does not constitute personal financial advice. Lending criteria, terms, fees and charges apply; any approval is subject to the lender's assessment.
