A growing number of lenders waive Lenders Mortgage Insurance for registered nurses and midwives. Not all of them do, income thresholds vary, and shift and penalty income is read differently lender to lender — so lender choice is everything.
General information only · Written and reviewed by Phil Riches, Director of Medical & Professional Lending · Last reviewed June 2026
Many lenders now waive LMI for registered nurses, nurse practitioners and midwives — commonly up to 90% LVR, often subject to a minimum income and current AHPRA registration. It isn't offered by every lender, and the treatment of overtime, penalty and shift income varies, so the lender you choose makes the difference. This is general information; your position depends on your circumstances and the lender's assessment.
For nurses and midwives, how your shift and penalty income is treated can change both your borrowing power and your waiver eligibility.
Yes — a number of lenders waive LMI for registered nurses, commonly up to 90% LVR, often with a minimum income requirement. The lenders and thresholds vary.
Some lenders include enrolled nurses, others limit it to registered nurses. We check which lender fits your registration.
It depends on the lender — some recognise more of it than others, which can change both your borrowing power and your waiver eligibility.
Yes — registered midwives are commonly recognised alongside registered nurses.
Current registration with the Nursing and Midwifery Board of Australia (AHPRA). Non-practising registration is usually not accepted.