Nurses and Midwives
- Essential Worker Finance
Home loans for nurses and midwives
You show up for your patients every single day. We show up for you when it is time to buy a home.
Nurses and midwives often have complex income structures. Base pay, shift penalties, overtime, casual and part-time arrangements. Most banks apply a one-size-fits-all approach that undersells what you actually earn.
The right lender can assess your full income including overtime and penalty rates. That changes your borrowing power significantly. For eligible nurses and midwives, LMI waivers at 90% LVR are available, with some degree-qualified nurses accessing no LMI at 95% LVR through specialist products.
- What You Can Access
What nurses and midwives can qualify for
- LMI waivers at 90% LVR with eligible lenders, saving up to $44,000
- 100% of overtime, shift penalties and allowances counted with the right lenders
- Competitive rates from lenders that specifically support healthcare workers
- HECS debt assessed favourably depending on your remaining balance and timeline
- 95% LVR no LMI available for degree-qualified nurses via specialist lender products
- Borrowing with as little as a 10% deposit
- First home buyer options: Government 5% scheme vs LMI waiver comparison
- What You Will Need
A note on HECS debt
Many nurses graduate with HECS debt. Depending on how close you are to paying it off, we can find lenders who exclude it from their servicing assessment entirely or apply a significantly reduced buffer. This can add tens of thousands to your borrowing capacity.
- What You Will Need
Documents you will typically need
- Two to three recent payslips showing base pay, overtime and allowances
- Last two years tax returns and PAYG summaries
- Confirmation you are not currently studying if HECS exclusion is being applied
- Employment letter confirming your role, employment type and consistent shift patterns
- ATO MyGov HECS statement if applicable
- How It Works
Our process
- Step One
Free Call
We understand your income structure, deposit and goals.
01
- Step Two
We do the work
We assess your options across 90+ lenders and identify which ones treat nursing income correctly.
02
- Step Three
Settlement
We prepare and lodge your application and manage everything through to settlement.
