Why Choose Professional Home Loans for Nurses?

At Professional Home Loans, we specialize in home loans for nurses Australia, helping registered nurses, midwives, and clinical nurses save thousands. Whether you’re a first home buyer nurse Australia in Sydney, Melbourne, Brisbane, or a regional area like Davoren Park, SA, our mortgage for nurses 90% LVR makes homeownership affordable. With 30+ lenders, we find the best deal for full-time, casual, contract, or expat nurses.

No LMI Up to 90% LVR: Buy with a 10% deposit, saving up to $16,100 on an $800,000 loan.
Low Interest Rates: Market-leading rates for loans over $250,000, exclusive to nurses.
Maximized Income: We count 100% of overtime, allowances, and second job income (with 2 payslips + PAYG certificate).
Fast Approvals: Conditional approval in as little as one day, perfect for busy nurses.
Flexible Solutions: Options for casual nurses, those on probation, or expats worldwide.

Do You Qualify for No-LMI Home Loans?

To save thousands in LMI and secure low rates, you’ll need to meet these criteria:

Unsure? Call us at 1300 55 44 97 for a free eligibility check.

How Much Can You Save?

Lenders Mortgage Insurance (LMI) is a one-time fee for loans over 80% LVR, protecting the lender if you default. For a $500,000 home, LMI can cost $8,600. Our LMI waiver for nurses eliminates this up to 90% LVR, saving you thousands—equivalent to years of mortgage payments. Combine this with our low rates, and you could own your home sooner.

Loan Amount	LMI Premium	Your Savings with Waiver
$300,000	$4,100	$4,100
$400,000	$6,900	$6,900
$500,000	$8,600	$8,600
$600,000	$10,800	$10,800
$700,000	$13,500	$13,500
$800,000	$16,100	$16,100

For a $500K, you would save $8,600 – equivalent to over 4 years of principal payments. Add that with our low rates and you could shave years off your mortgage.

We Maximize Your Income

Nurses often have unique income streams. We work with lenders who:

Accept 100% Overtime: Boost your borrowing power with shift work earnings (provide 2 payslips + PAYG certificate)
Include Allowances: Meal allowances and fringe benefits count (employer letter needed)
Count Second Jobs: Income from another hospital or role adds up (6-12 months’ proof)

Government Schemes for First Home Buyer Nurses

As a first home buyer nurse Australia, you can combine our LMI waiver for nurses with government schemes to save more:

Home Guarantee Scheme (HGS): Buy with a 5% deposit and no LMI for homes under state price caps (e.g., $450,000 in regional NSW). Visit housingaustralia.gov.au.
Help to Buy Scheme (2025): Government contributes up to 40% of the purchase price, reducing your deposit and loan. Register at housingaustralia.gov.au.
First Home Owner Grant (FHOG): Get $10,000 for new homes under $600,000 in NSW or $750,000 in VIC. Check revenue.nsw.gov.au or sro.vic.gov.au.
Stamp Duty Exemptions: Save on stamp duty for properties under $430,000 in NSW or $500,000 in QLD for new homes.

Our brokers in Sydney, Melbourne, Brisbane, and regional areas guide you through these schemes to maximize your savings.

Free 30-Minute Finance Strategy Session For Professionals

Discover How To Get Approved With A Lower Interest Rate & Save Up To $40,000 In Fees

FAQs - The Best Home Loans for Nurses

Yes, if you’ve worked 1 year at your current job or 2 years total in nursing.

We partner with 30+ lenders (e.g., NAB, Westpac) offering waivers—conditions vary, so we’ll find the best fit.

10% + costs (e.g., stamp duty). Less than 15%? Ask about guarantor options.

LMI protects the bank in case the borrower defaults on the loan. It is paid by the borrower but benefits the lender. It does not protect the borrower; instead, borrowers should take personal life and income protection insurance.

You can still apply, though lenders may cap you at 85% LVR. Post-probation boosts approval odds.

Testimonials

Tom has provided us with a very professional service, communicating all the available options to us and in the process he has literally saved us $75k that we would have otherwise paid. Being new the Australian property market it was imperative we found a broker that had the patience to answer the numerous questions we had be it by phone or email and sometimes outside normal working hours and that is exactly what we got from Tom. He certainly goes beyond the call of duty. Keep up the good work, Tom and we will no doubt be back in touch with you in the not too distant future.

Hamilton & Nyari

Finally, we were able to buy our own place in Sydney. THANKS to Michael. We were given the run around by various banks (we had a unique situation and despite good income and stable one, loan wasn't coming easy). When we almost finally gave up, we had nothing to lose and made one last call and it was to Michael. Our hopes were back in two days from there, and had our loan approved with in next few days. We appreciated all the prompt and helpful responses to all of our queries in relation to purchasing with a Temporary Visa. He even made a bank valuation possible in 24 hours or so. If we ever need help again with our finance, Michael will be the first person we would call. Kindest Regards, Anjuli & Kris

Anjuli & Kris Balachandran

Tom, rest assured, when we hear of any of our acquaintances in need of a mortgage you are the one I'll be referring them to. We are very happy to have been working with you, not only because the result is good, but even more since Lisa and I really appreciated your personal touch in our case, your always being available, even for emails late at night and always taking the time to answer our every question. Kind regards, Lisa & Bas

Lisa and Bas

Why Choose Professional Home Loans

Getting a home loan was really simple with Professional Home Loans.

“We went overseas during settlement and it was not a problem for them, everything went smoothly and I’m writing this from my new home! “

Jack Clancy

– Physio

Well done you made it easy with no BS.

“Couldn’t ask for a better job – until next time (although no time soon, moving was awful). “

Accountant, Mick and Vanessa Renton

– 90% no LMI Brisbane, QLD.

No LMI for building home in Sydney as well as 90% LVR no lmi for investment proerpty off the plan in Newcastle.

“Professional Home Loans has provided us with a very professional service, communicating all the available options to us and in the process he has literally saved us $75k that we would have otherwise paid. They certainly go beyond the call of duty. “

Hamilton (Accountant) & Nyari (Doctor) Sydney

– NSW

Working for QLD Health achieved 90% LVR no LMI at normal rates - From UK. Sunshine Coast, QLD

“We were able to get a loan at a good rate and avoid paying LMI which saved us several thousand dollars that we can now put towards other things. Very helpful and informative about all aspects of the process, not just the loan, which we really appreciated as it made the whole thing a lot easier for us.”

Craig and Louise (Medical Registrars)

– Sunshine Coast QLD

On a contracting basis – she got paid roughly 70% of what she billed.

“We assisted Arlyn with a 90% Mortgage with No Lenders Mortgage Insurance payable so she could buy a house and land package Thanks so much. All credits goes back to you as you helped me make all this happen. I couldn’t thank you enough for the job excellently done. “

Arlyn (Doctor)

– Townsville QLD

“You not only got the loan approved on time, but at a better rate! You are professional, honest, dedicated & obviously love what you do-your passion shines through & I look forward to doing all my loans through you from now on!”

Linh

Home Loans for Nurses in Australia: No LMI, Up to 90% LVR

Nurses, secure your dream home with low deposit home loans tailored for you. Save up to $16,100 with waived LMI and low rates.