90 days. If you are still house hunting as the 90 day mark approaches, simply let us know and we will re-apply on your behalf.

Yes, Nurse Money is able to assist. However, banks will take a 20% shaving and you will also be required to put a larger deposit of around 20%.

Yes, you can apply to multiple lenders with Nurse Money. However, multiple applications over a short period of time can impact your credit score. It’s best to speak to your broker for the best advice.

If you’re eligible, you may be able to have your LMI waived. We will advise you based on your financial circumstances.

The following medical occupations are eligible for 95% LVR+ LMI waiver with no minimum income requirement: • Dentists • General Practitioners • Hospital-employed Doctors (Intern, Resident, Registrar, Staff Specialist) • Medical Specialists The following medical occupations are eligible for our 90% LVR+ LMI waiver with minimum income threshold of $90,000 per annum: • Audiologists • Chiropractors • Midwives • Occupational Therapists • Osteopaths • Physiotherapists • Podiatrists • Psychologists • Radiographers • Registered Nurses • Sonographers • Speech Pathologists • Optometrists • Pharmacists • Veterinary Practitioners

We’ll need 30 minutes of your time on the phone to understand your goal and financial situation. We’ll then assess the best loan set up for you. If you’re happy with our proposal, we will request required documentation from you to prepare your loan application. From there, we will submit your application to the lender and manage through to settlement. We’ll keep checking in with you annually after you settle to see if you need any further help (i.e. renovations) or there is a better value offer you can refinance to.

Both home loan setups offer unique advantages, and what is better will depend on your situation and objectives. A major benefit of a fixed-rate home loan is certainty. You’ll know exactly what repayments to expect and at what level of interest for a certain period, typically between 1 and 5 years. A variable rate home loan is a loan with an interest rate that may change over time. If you choose this type, you may be able to take advantage of any interest rate decreases over your loan’s term. You can check out our blog here for more information.

Nurse Money is a mortgage broker that specializes in providing home loan solutions to nurses and medical professionals. We offer tailored solutions that take into account the unique financial situations of nurses and medical professionals to ensure they get the best possible home loan.

Whether you’re completing major renovations, knocking down an existing property or re-building and starting fresh, we can organise a construction loan tailored to your unique situation. Your broking team will talk you through the process carefully and present you with a recommended solution.

Mortgage brokers are remunerated by the banks through commissions. By law, this fee cannot be built into consumer rates or loan fees, so a broker’s service is free for you as the client. Our lender partners all pay the same level of commission, meaning there is no bias towards a certain lender and we will present you with our objective solution.

No. Nurse Money does not charge clients a fee for its service.

Whether you’re completing major renovations, knocking down an existing property, or re-building and starting fresh, Nurse Money can organise a construction loan tailored to your unique situation. Your broking team will talk you through the process carefully and present you with a recommended solution.

Nurse Money is Australia’s only mortgage broker that specializes in loans for nurses and medical professionals. Our specialty allows us to access bespoke credit policies with lenders that advantage your position as a medical professional. Additionally, we are a platinum broker with major banks, which means we can provide you with priority service and improved processing times for loan applications you submit.

An FAQ section can be used to quickly answer common questions about you or your business, such as “Where do you ship to?”, “What are your opening hours?” or “How can I book a service?” It’s a great way to help people navigate your site and can even boost your site’s SEO.

As a nurse or medical professional, you could be eligible to borrow with a 10% deposit and have your Lenders Mortgage Insurance waived. Generally, you will require 20% of property value if you wish to avoid LMI.

Every lender has their own credit policy i.e. the criteria they check you against to determine how much money you can borrow. Going through a mortgage broker offers you increased choice, which may result in a better interest rate, higher borrowing capacity and lower monthly repayments. A broker will shop around on your behalf to find you a loan based on your individual needs, facilitating the process from start to settlement free of charge.

When taking out a mortgage, there are fees and expenses you need to account for in addition to the property cost including mortgage application fees, conveyancing fees, registration fee and many more. If you’d like to find out more information, check out our guide that summarises everything you need to know here.

No. We are an independent broking service.