- Nurses
- Updated
• 5 min read
Nurse LMI Waiver Eligibility
LMI waiver eligibility for nurses is one of the most searched topics we receive. The short answer is that it is lender-dependent — some lenders have specific policies for nurses, others do not.
Quick Answer
Nurse LMI waiver eligibility varies by lender. Some lenders may consider nurses under medical professional policies depending on AHPRA registration, income, employer and loan size. This is not universally available.
What Affects Nurse LMI Waiver Eligibility
✓ AHPRA registration status — required by most lenders that consider nurses
✓ Employment type — hospital employed nurses may have broader eligibility than agency
✓ Income level — some lenders apply minimum income thresholds
✓ Loan size and LVR — most waivers apply below a maximum loan amount
✓ Lender policy — each lender defines eligible nursing roles differently
Alternatives If LMI Waiver Does Not Apply
✓ Save a 20% deposit to avoid LMI altogether
✓ Use a guarantor arrangement to reduce LVR
✓ Check government scheme eligibility to reduce deposit requirements
✓ Compare lenders — some may offer lower LMI rates even without a full waiver
Free Guide
Nurse Lending Guide
Frequently Asked Questions
Is LMI waiver guaranteed for nurses?
No. Nurse LMI waiver eligibility is always subject to lender policy and full application assessment.
Do all lenders offer nurse LMI waivers?
No. Nurse eligibility varies significantly. Some lenders have no nurse policy at all.
Why Nurse LMI Waiver Eligibility Is Complicated
Most professional LMI waiver policies were originally built around medical professionals with AHPRA registration — doctors and dentists. Some lenders have since extended these policies to include nurses, but this is lender-dependent and not available from all lenders. The criteria also vary more for nurses than for doctors.
Example: Nurse Earning $85,000
✓ AHPRA nursing registration — may be required by some lenders
✓ Employment type — hospital-employed nurses generally have better eligibility than agency nurses
✓ Income level — some lenders apply minimum income thresholds
✓ Loan size — most lenders cap the maximum loan eligible for a waiver
✓ LVR — common thresholds are 85–90% for eligible nurses where applicable
✓ Overall application strength including credit and deposit
What To Do If A Nurse LMI Waiver Is Not Available
✓ Save a 20% deposit to avoid standard LMI
✓ Compare LMI costs across lenders — rates vary
✓ Check government scheme eligibility — some schemes reduce deposit requirements
✓ Consider a guarantor arrangement if suitable
Common Mistakes
✗ Assuming nurse LMI waivers are available everywhere
✗ Not comparing lenders specifically for nursing LMI policy
✗ Not asking the broker which lenders currently have nurse-friendly LMI policies
Is a nurse LMI waiver guaranteed?
No. Nurse eligibility varies by lender and is subject to assessment.
Do all lenders offer nurse LMI waivers?
No. This is lender-dependent. Some have no nurse policy at all.
Check Nurse LMI Waiver Options
We review lenders that consider nursing professionals for LMI waiver policies.
General information only. Lending eligibility, LMI waiver policies, rates and approval outcomes vary by lender and are subject to assessment.
Check Nurse LMI Waiver Options
We review your eligibility across lenders that consider nursing professionals.
General information only. Lending outcomes vary by lender and individual circumstances.
Written by: Simpli Finance Lending Team · Reviewed by: [Broker Name], Mortgage Broker · Last updated: June 2026