Low Doc Loans for Nurses
With access to 45+ Banks & Lenders, we've got a track record providing Low Doc Loans for Nurses
Rated 5 from 84 Reviews
Rated 5 from 84 Reviews
For nurses seeking to purchase a property, the process of securing a loan can often feel overwhelming, especially when typical documentation is hard to produce. This is where Nurse Loans, a specialised Finance & Mortgage Broking service in Australia, steps in to assist. Our focus is on Low Doc Loans for Nurses, allowing you to access self-employed loan options from banks and lenders across the country. These loans are designed for those who may be unable to provide the normal paperwork required by traditional lenders. With our support, you can embark on your property buying journey with confidence.
Low Doc Loans for Nurses offer a tailored solution, particularly beneficial for professionals whose financial situation doesn't fit the conventional mould. By opting for this type of loan, you can explore various interest rate options, including both fixed and variable interest rates. The flexibility of Low Doc Loans allows nurses to manage their borrowing capacity more effectively, ensuring that the loan amount aligns with their needs. Additionally, this option can potentially lead to interest rate discounts, making it a viable choice when considering the property market dynamics.
The application process for a Low Doc Loan is designed to be as straightforward as possible. At Nurse Loans, we understand that nurses have unique work schedules and responsibilities. Therefore, we aim to streamline the application process by reducing paperwork and focusing on essential documents like bank statements, BAS, and an accountant’s letter to validate income. Self-verification is also a part of this process, where you may sign a declaration to confirm your earnings. This approach ensures that you can focus on your profession while we handle the intricacies of the application.
A key benefit of Low Doc Loans for Nurses is the ability to calculate loan repayments with greater ease. By understanding your loan to value ratio (LVR), you can better assess how much you are able to borrow and what your repayments will look like over time. This is crucial when planning for additional costs such as stamp duty. Our experienced Finance & Mortgage Brokers are here to guide you through these calculations, ensuring that you have a clear picture of your financial commitments before finalising any agreements.
When applying for a Low Doc Loan, it’s important to consider both fixed interest rate loans and variable loan rates. Fixed rates offer stability with consistent repayments over a set period, which can be beneficial if you're looking for predictable costs. On the other hand, variable interest rates might provide more flexibility and potential savings if market conditions change. Our team will help you weigh these options, taking into account current interest rates and your personal financial situation.
For those interested in Low Doc Loan options, understanding the property market is vital. With the right guidance, you can make informed decisions that align with your long-term goals. Our brokers are well-versed in the Australian property market and are committed to helping you navigate its complexities. Whether you're buying your first home or investing in property, having an ally like Nurse Loans can make all the difference.
In summary, Low Doc Loans for Nurses present an excellent opportunity for those looking to buy property without the burden of extensive documentation. By working with Nurse Loans, you gain access to self-employed loan options and expert advice tailored to your needs. Our streamlined application process ensures that you spend less time on paperwork and more time focusing on what's important—your career and future home. If you're ready to explore these opportunities further, reach out to our team today and take the first step towards securing your Low Doc Loan.


























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Thea Edwards
Nick and the team were so lovely. Professional, genuine, responsive and easy to deal with. Would highly recommend.
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simon preshaw
Nick and the team were a pleasure to work with. They answered all of my questions and if they weren't immediately available, they were always quick to call me back.
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sarah ander
As a first home buyer, Carl and the team at Azura were incredibly helpful throughout the whole process. They made everything feel straightforward and were always there to answer any questions along the way. I’ve already recommended them to friends and would highly recommend them to anyone looking to get a mortgage!
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Alannah Paige
I am a first home buyer and had Carl as my mortgage broker. He worked diligently to follow up any issues or questions I had and made the process as smooth as it could. I highly recommend! Thank you Carl.
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Shaun Cunningham
As a founder, getting a mortgage requires a couple more hoops to jump through, which is why I couldn't recommend Nick O'Sullivan and the Azura team more highly. Not only were they able to offer a seamless process, but Nick was also patient with us as we changed our minds about when to buy (over a period of years!). The truth is anyone can approach a bank and get a mortgage, but when things don't go perfectly (e.g. abrupt government changes), that's when you want a pro on your team like Nick.
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Van Tran
Nick and the team at Azura Financial exceeded our expectations at every step. Their guidance was clear, their expertise was evident, and they handled every financial detail with care — giving us complete peace of mind throughout the process. We couldn't have asked for a better team by our side. Thank you very much, V&V.
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Philip Woods
Carl and team were absolutely impressive with their attentiveness to answering questions no matter how stupid they were. The urgency they put into attending to timelines and requests was superb. I would recommend them without hesitation.
めめん
Nick was amazing to work with. He's easygoing, quick to reply, and genuinely a very competent broker. He made my loan possible and secured a great deal for me. Highly recommend:)
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Carina
Nick O’Sullivan helped me with my first investment property purchase last year. As it was my first time, I had plenty of questions, but he was always happy to help and made the whole process seamless. I recently used Nick again to refinance my loan and secure a great interest rate, and once again everything was handled smoothly and efficiently. I highly recommend Nick and his team and look forward to working with them again in the future.
Nurses often have several pathways to buy with less than 20%. With an LMI waiver from a participating lender, eligible nurses can purchase with a 10% deposit and no Lenders Mortgage Insurance. Through the Australian Government 5% Deposit Scheme, nurses can buy with a 5% deposit and no LMI. Single parents and single legal guardians may be able to purchase with as little as a 2% deposit under the same scheme. Eligibility depends on your income, employment type, and the specific lender or scheme criteria.
Eligibility for an LMI waiver depends on the lender. Registered nurses are the group most commonly covered, and nurse practitioners, who hold endorsed registration, are typically treated as registered nurses. Registered midwives are covered by some lenders, including Westpac Group, but not all. Some lenders, such as Westpac Group, require a minimum annual income of $90,000, while others may not publish a specific threshold. Enrolled nurses are generally not eligible for lender LMI waivers, but they may be able to avoid LMI through the Australian Government 5% Deposit Scheme instead. Our brokers can confirm which options may apply to your role and income.
It depends on the lender. Some lenders may assess 100% of your overtime, shift allowances and penalty rates as income, generally where you have been with the same employer for at least six months. Other lenders may discount this income by 20% or more, or exclude it entirely. The difference in how a lender treats your non-base income could change your borrowing capacity by tens of thousands of dollars. Because we work with 70+ lenders, we can help identify which ones may give you full credit for the income you earn.
It may be possible, but the rules differ between lenders. Some lenders may apply an LMI waiver to a joint loan where one applicant meets the professional and income criteria, while others may require the income threshold to be met by qualifying professionals on the application. For example, at some lenders, incomes can only be combined to meet the $90,000 threshold where both borrowers are qualifying professionals. Because each lender has its own requirements around how income and ownership are shared between applicants, it is worth having your situation assessed by a broker before you apply.
Casual and agency nursing income is treated differently depending on the lender. Some require a minimum of 12 months in the same role, while others accept 6 months with consistent hours. Certain lenders calculate casual income over a rolling 52-week period, which can work in your favour if your shifts have been steady. We deal with this regularly and can place your application with a lender that takes the most favourable view of your income structure.
At some lenders, self-employed nurses borrowing under their own name may be able to access the same products and rates as salaried nurses. Maximum loan limits and additional documentation requirements typically apply, so it is worth confirming your eligibility before you apply.
The Australian Government 5% Deposit Scheme may allow eligible first home buyers, and people who have not owned property in Australia in the last 10 years, to purchase a home with a 5% deposit without paying LMI. Eligible single parents and single legal guardians may be able to purchase with as little as a 2% deposit. Housing Australia backs the gap between your deposit and the 20% lenders usually require. From 1 October 2025, there are no income caps and no limit on the number of places available, although property price caps apply. The scheme cannot be used together with the Help to Buy Scheme for the same purchase, but it may be combined with the First Home Owner Grant and stamp duty concessions. Our brokers can confirm whether your purchase may qualify.
The saving depends on the property value, your deposit size and the lender. As an example, Westpac has estimated that a health professional buying a $550,000 property with a 10% deposit could save around $16,250 in LMI with a waiver. On higher-value properties, the LMI premium can exceed $30,000. Nurses who qualify for an LMI waiver, or who purchase through the Australian Government 5% Deposit Scheme, may not need to pay any LMI at all.
The entire process typically takes 8 to 14 weeks, depending on the property type, the lender, and whether you are using a government scheme. Government-backed purchases sometimes involve additional paperwork, and we manage that process to reduce delays.
The First Home Owner Grant is not profession-specific. Any eligible first home buyer purchasing or building a new home may be able to apply. Grant amounts vary by state, ranging from $10,000 in New South Wales and Victoria up to $50,000 in the Northern Territory. The grant generally applies only to new or substantially renovated properties that you intend to live in as your principal place of residence. We can confirm the current amount and eligibility rules in your state.