Home loans for nurses and midwives
Some lenders let nurses borrow up to 90% without mortgage insurance. Others count far more of your shift pay.
Lenders that waive LMI for nurses
A group of lenders includes registered nurses and midwives on their professional waiver lists, and some include enrolled nurses. A minimum income often applies. The waiver must be requested at application with proof of current AHPRA registration.
How your pay is read
Base pay is simple. Shift penalties, overtime and allowances are where lenders split. Some count all of it if your payslips show it is regular. Others count 80%, or want two years of history. Liam saw this from the underwriting desk: the same nurse can have very different borrowing power at two banks. We pick the lender that reads your payslips the way you actually earn.
Casual, agency and part-time work
Casual and agency nurses can borrow, usually after six to twelve months in the role. A second job can count too if you have held it long enough. Parental leave is handled with a return-to-work letter at some lenders.
Lender policies change through the year and each lender keeps its own list of professions, income floors and locations. Use this page to decide whether it is worth asking, then let us check the current rules for you. All lending is subject to the lender’s credit criteria.
Questions people ask
Do I need a 10% deposit to use a waiver?
Yes, generally 10% plus costs such as transfer duty. First home buyers with less may suit the 5% Deposit Scheme. See first home buyer loans.
I work at the Royal Hobart or the LGH. Does the employer matter?
Not to most lenders. Your registration, income and employment type are what they assess.
General information, last updated November 2026. Scheme figures, lender policies and duty rates change, so confirm them before you rely on them.
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