Nurses are the backbone of our community (thank you!), and if you're working in a public or private hospital on the North Shore Sydney, you likely need a smooth, stress-free path to homeownership. But between shift work, variable hours, and navigating Australia’s tightening lending landscape, applying for a mortgage can feel overwhelming.

Thankfully, as a nurse, you’re in a strong position - many lenders now offer tailored home loans for nurses North Shore Sydney, recognising your stable career and valuable role. In this guide, we’ll walk you through how to get approved quickly and confidently in 2025.

Let’s get started!

Why Are Nurses Are Considered Low-Risk Borrowers?

Lenders see healthcare workers, especially nurses, as low-risk applicants thanks to your job security and consistent demand in the industry.

Key Benefits You May Be Eligible For:

• Lower deposit requirements, sometimes as little as 5%
• Waived Lenders Mortgage Insurance (LMI) with select lenders
• Specialised policies for shift workers with irregular hours

In 2025, demand for nurses across New South Wales remains high, with NSW Health forecasting over 8,000 new nurse roles over the next two years (source). That job stability translates into greater lending confidence, giving you access to more competitive options.

Tip 1. Make Your Income Work In Your Favour

As a nurse, your income may come from base salary, overtime, penalty rates, and shift allowances. It’s important to present this correctly to maximise borrowing power.

What Lenders Want:

• Payslips (at least 3 months)
• Group certificate or income summary
• Bank statements showing regular deposits
  
  

Pro Tip: Some lenders only use base salary unless a broker can prove consistency in overtime or allowances. This is where working with a North Shore mortgage broker like Sabea Financial gives you an edge. We know which lenders will assess your full income, including hard-earned weekend penalty pay.

Tip 2. Use First Home Buyer Schemes Designed For You

Are you buying your first property? You could be eligible for several government schemes that support nurses and key workers.

Available in 2025:

• First Home Guarantee (FHBG) – allows eligible nurses to buy with just 5% deposit and no LMI.
• Stamp Duty Exemptions or Concessions – for properties under $1 million.
• NSW Shared Equity Scheme – available for key workers including nurses.

These programs are changing often, so it’s vital to work with a broker who stays updated and can help you apply correctly. You can read more about eligibility here.

Tip 3. Choose A Lender That Supports Healthcare Workers

Not all banks treat nurse applicants equally. Some lenders go above and beyond by recognising your profession with better rates or more flexible policies.

What To Look For:

• LMI waivers for nurses, usually available if borrowing under 90% LVR
• Flexible income assessment, such as accepting overtime
• Fast-track approval processes for key workers

At Sabea Financial, we’ve built relationships with these lenders and know exactly where to take your application for the best chance of success.

Tip 4. Understand How Your Shift Work Affects Loan Approval

If you’re doing night shifts, rotating rosters or irregular hours, some lenders may hesitate—unless your income is clearly documented. With the right documentation, you won’t be penalised for doing night shifts or casual shifts across hospitals. In fact, your flexibility can show stability over time.

How To Prepare:

• Keep consistent records of your rosters
• Provide payslips that reflect your penalty rates
• Use a broker who can explain your work pattern to lenders

Tip 5. Work With A Local Mortgage Broker Who Gets It

Let’s be honest, for most nurses, spare time is not easy to come by and you probably don’t have time to chase banks, compare 60+ lenders or read through fine print. That’s where we come in.

At Sabea Financial, we work with nurses across the North Shore to simplify the home loan process. Whether you’re buying, refinancing, or investing, we’ll take care of the paperwork, chase the banks, and keep everything moving while you focus on your shifts.

FAQs

Can nurses get home loans with a low deposit?

Yes. With government schemes and lender policies, nurses can often secure home loans with as little as 5% deposit.

Are nurses eligible for LMI waivers in 2025?

Many lenders offer waived LMI for nurses up to 90% LVR, especially under key worker programs.

Can I use overtime and penalties to increase my borrowing power?

Yes, if presented correctly. Some lenders accept up to 100% of consistent overtime and shift allowances.

Do I need to be full-time to get a home loan?

Not necessarily. Part-time and casual nurses can still qualify if income is stable and consistent.

What schemes are available for first home buyer nurses?

You may be eligible for the First Home Guarantee, stamp duty concessions, and shared equity schemes.

Can a broker help me get a better deal than going to the bank directly?

Absolutely. Brokers often access exclusive deals and know which lenders cater to nurses.

Is the North Shore Sydney a good area for nurses to buy in 2025?

Yes. Proximity to major hospitals like Royal North Shore makes it ideal, plus demand remains strong and property values are stable.

Get Into Your New Home

If you're a nurse looking for home loans for nurses North Shore Sydney, you're already in a great position. Lenders see you as low-risk, there are government incentives to support you, and with the right help, approval doesn’t have to be stressful.

At Sabea Financial, we understand the ins and outs of lending for nurses. From shift work income to LMI waivers and first home buyer schemes, we’ll guide you through every step. You deserve a home that works for your life, and we’re here to make that happen.

📞 Call us today on 1300 001 755
Or email us at info@sabea.com.au

Let’s secure your future - starting with the right loan.