Why Nurses Have Access to Special Home Loans

Lenders view nurses as low-risk borrowers due to their steady employment and reliable income. Your profession is in high demand, and that gives you an edge when applying for finance. Many banks and brokers offer tailored home loans for nurses, providing added flexibility and cost-saving incentives.

At CPHL, we work closely with healthcare professionals across Australia to help them make the most of these benefits and secure a mortgage for nurses that aligns with their lifestyle and long-term goals.

Top Mortgage Loans for Nurses in 2025

If you’re a nurse looking to buy a home in 2025, here are the key mortgage features and programs you may be eligible for:

• Low deposit home loans – Access to loans with as little as a 5% deposit.

• LMI waivers – Eligible nurses may be exempt from paying Lenders Mortgage Insurance, even with a deposit under 20%.

• Special interest rate discounts – Select lenders offer better rates to nurses and medical professionals.

• Flexible income assessments – Lenders may include 100% of shift penalties, overtime, and casual contracts in your income evaluation.

• Government schemes – Programs like the First Home Guarantee or Regional First Home Buyer Guarantee can help eligible applicants get into the market with less upfront cost.

Different lenders have different eligibility criteria, so it’s important to work with someone who understands the market and can match you with the right lender.

Eligibility Criteria for Nurse-Specific Loans

To qualify for these exclusive mortgage loans for nurses, you generally need to meet the following requirements:

• Be a registered or enrolled nurse, midwife, or other eligible healthcare professional.

• Hold a current registration with AHPRA.

• Provide standard documentation such as payslips, tax returns, and employment verification.

• Meet the lender’s credit, income, and deposit criteria.

  
  

Some lenders also extend these benefits to paramedics and allied health professionals. Even if you’re unsure where you fit, it’s worth having a conversation with a broker who understands this space.

How to Strengthen Your Application and Get Approved Faster

The home loan application process doesn’t have to be difficult. With the right preparation, you can improve your chances of approval and reduce the time it takes to get there.

Here are our top tips:

• Get pre-approved before you start house hunting.

• Keep your credit healthy – avoid applying for new credit cards or loans during this time.

• Consolidate existing debts to improve your borrowing power.

• Have your paperwork ready – including recent payslips, bank statements, AHPRA registration, and tax returns.

• Work with a specialist broker who understands home financing for nurses and knows which lenders offer the most suitable deals.

  
  

Work With a Team That Understands Nurses

At CPHL, we’re proud to support the people who support all of us. Our team specialises in helping nurses and healthcare workers secure home loans that suit their unique needs, whether you're a first home buyer, upgrading, or investing.

We compare lenders, negotiate rates, and manage the paperwork on your behalf – so you can stay focused on your work while we take care of the loan.

Start your journey with home financing for nurses today. Contact CPHL today to find out what you're eligible for and how we can help you step confidently into home ownership.