Home loan specialists for nurses and midwives

Ardent Capital Group brings the same method to every client: execution and strategy, clear advice for smart lending, and long-term growth. That means the right lender, structure and timing, straight advice so you borrow with confidence, and today's deal built toward where you want to be tomorrow. For nurses and midwives that means knowing the qualifying threshold counts penalties rather than base pay, which lenders assess overtime at full value, and how to present agency shifts so they read as the steady pattern they are. Every figure is subject to serviceability, lender appetite and approval.

Very possibly, and this is the most useful thing on this page. The threshold is measured on gross annual earnings including shift penalties, weekend loadings and overtime, not on your base rate. A nurse working nights and weekends can sit well above the threshold on total earnings while their base sits below it. Comparing a base rate to the threshold is the wrong comparison, and it is why many nurses rule themselves out unnecessarily.

Across our lending we arrange finance from $50K up to $30M, and home loans sit within that range, including prestige purchases that fall outside standard bank policy. Your borrowing capacity comes down to income, existing commitments and the property itself.

The nurse-specific waivers are written around registered nurses, registered midwives and nurse practitioners holding full registration with the national regulator. That is the group the programs name. Eligibility lists differ between lenders and change without notice, so confirm your specific role rather than assume.

Enrolled nurses generally sit outside the nurse-specific waivers, and we would rather tell you that up front than at assessment. What remains available is substantial: standard lending, first home buyer schemes where you are eligible, and a family guarantee or equity from a property you already own to reach the full purchase price. Plenty of enrolled nurses buy through those routes, and we will show you what each actually costs.

Usually a good deal of it, and how much depends on the lender. Some assess regular overtime and allowances at full value for eligible healthcare workers; others apply eighty per cent or average across two years. For a nurse whose loadings are a large share of pay, the difference between those approaches is a materially different borrowing capacity, and consistency across two years is what supports the fuller assessment.

The permanent role is assessed straightforwardly. The agency side generally needs a full year of history and is averaged across it. Presented together, with the pattern visible, it reads as consistent total earnings from a profession with permanent demand. Handed over as separate payslips from separate employers, the same income can read as irregular, so how it is assembled genuinely matters.

Often, yes. Non-practising registration is frequently accepted where the absence from practice is temporary, so registration itself is usually not the obstacle. What a lender wants to understand is the income on return: the role, the hours and the date. An employer letter confirming those generally does more for the application than anything else, so obtain it before you start looking.

It is reachable, and it comes from bringing additional security to the file rather than from a larger loan against the one property. That means either a family member offering their own property as part security, or equity you add from a property you already own. Your income still has to service the whole loan, and where a guarantee is involved we set out plainly what it means for the family member before anyone commits.

It changes which lender suits, rather than whether you can buy. A lender that counts nursing penalties generously may want two years of returns from your partner; another may be more flexible on trading history but read your loadings conservatively. Because the assessment looks at the household, we choose the lender on both incomes rather than the stronger one.

Sometimes, so check rather than assume. Government schemes have their own eligibility rules including price caps and income tests, and they interact with lender policies differently. Where both are available the combination can reduce your deposit considerably. We will tell you which apply to your purchase and in what order.

No. Where a program exists it has to be identified and claimed when the application is lodged, with your registration and income evidence attached. Applying directly without raising it can mean paying a premium you were entitled to avoid.

Sometimes, though the policies are narrower than for the home you live in and vary between lenders. Some extend the program to investment purchases, others confine it to owner-occupied. Worth checking before you commit rather than assuming either way.

It can, mainly through probation and the continuity of your income history. A move within the same profession and grade is generally well understood, particularly where the new role is permanent and the contract is signed. Where a probation period applies, some lenders are comfortable and others prefer to wait, which is a policy difference worth navigating rather than testing blind.

With some lenders, yes, and with one major, no. That major publishes an explicit list of medical professions it treats as ineligible, and nurses are named on it. A second major takes the opposite view and includes nurses in its allied health waiver program at up to 90%, above a minimum income of $90,000 a year. A decline from the first lender is not a read on the market, it is a read on that lender's list. Every figure is subject to serviceability, lender appetite and approval.

On the program that covers nurses, yes, $90,000 a year, with casual income annualised over 52 weeks. That annualisation matters where you work part time or across more than one employer, because it is assessed on the annualised figure rather than what landed in your account last month. Every figure is subject to serviceability, lender appetite and approval.

One major sets a maximum loan of $5 million with total lending of $7.5 million where the premium is waived. Those are ceilings on the waiver rather than on borrowing generally. Every figure is subject to serviceability, lender appetite and approval.

No. The waiver is not automatic. It has to be requested as part of the application, and it is tied to your registration status: general and specialist registration qualify, while provisional, limited and non-practising registration do not. A temporary non-practising period, parental leave for instance, may still be accepted. We raise it at application rather than assuming it will be applied.

Yes, and it sits separately from the mortgage insurance waiver. One non-bank lender runs a rate concession for emergency services workers whose published cohort covers ambulance officers, paramedics, emergency doctors, nurses and St John volunteers. It applies to owner occupied lending on standard residential security up to 80% of the property value. It is a rate concession rather than a waiver of the insurance premium, so the two are assessed separately and one does not rule out the other. Every figure is subject to serviceability, lender appetite and approval.

Recent payslips, a year-to-date summary showing penalties and overtime clearly, your employment contract, evidence of registration, identification and statements for existing debts. If you do agency work, add a year of that history. If you are on parental leave, an employer letter confirming your return date and hours.

Pre-approval commonly comes through within a few days once the documents are together. Full approval after you have found a property depends on the lender and the valuation, and usually follows soon after. Where agency history has to be assembled it takes a little longer, which is a good reason to start before you are house hunting.

In most cases our service does not cost you anything. We are paid by the lender once your loan settles, so you get the comparison across more than 40 lenders and the management of the process at no charge. If anything unusual applies to your situation, we will be upfront about it before any work begins.

Although we are based in Sydney, we service clients across all major Australian cities, including Melbourne, Perth, Brisbane, the Gold Coast, Adelaide, Canberra and Hobart, along with their surrounding regional areas. Wherever in Australia you are buying, we can arrange your home loan.

Alongside your home loan we arrange refinancing, investment lending and equity release for a next purchase. Commercial property for business owners is our main speciality, so if you or your partner run a business or are buying practice premises, that sits with the same team.

No. Arranging finance and advising on financial products are two different disciplines, and we do the first. What we bring is the credit analysis lenders require, the structuring of the facility, and the strategy for putting your application in front of lenders whose appetite matches it.

Because we act as a credit representative under an Australian Credit Licence, we do not give financial product, superannuation, taxation or legal advice, and nothing we provide should be taken as such. Where your circumstances need that input, we are happy to work with your accountant, financial adviser and solicitor to understand the full picture before anything is submitted.

The information on this page is general in nature and does not take account of your objectives, financial situation or needs.