0417 10 60 64

Discounted Mortgages for Nurses Who Want to Borrow More and Save $5,865

As specialists in mortgages for medical professionals, we can help you access exclusive discounts that are only available to nurses.

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Special rates for nurses

Small deposits accepted

No mortgage insurance when borrowing up to 85%

Mortgages for Nurses

Getting a mortgage as a nurse can be tough, especially if you’re looking to borrow as much as possible to buy the house you really want.

The problem you face as a nurse is that most mortgage lenders don’t understand how your income works or the way you get paid. And that means they’ll restrict how much you can borrow or give you a loan with higher interest rates or unnecessary mortgage insurance premiums.

For example, if you’re like most nurses, a lot of your income probably comes from overtime and shift penalties. Although most lenders will take 100% of your base income, they could be leaving out 30 to 50 per cent of your income when calculating how much they’ll lend you.

Fortunately, there is a solution!

At Best Broker, we specialise in helping nurses get better mortgages based on ALL of their income instead of just their base income. We even have lenders that offer discounted interest rates to nurses, midwives and medical workers because they understand how you get paid.

These lenders will take 100% of your overtime and penalties into account when calculating your total income - which means you’ll be able to get a larger mortgage.

Some lenders will even let you borrow up to 95% of the property value or purchase price so you can buy into the property market even if you only have a smaller deposit.

And, on top of all that, you won't have to pay any mortgage insurance (LMI) unless you are borrowing over 85% of the property value. On a typical $500,000 mortgage this can save you $5,865 - money which you can then put towards decorating and furnishing your new home.

To find out how much you can borrow and what special deals you qualify for, give us a call on 0417 10 60 64 or fill in our 10 second enquiry form and one of our specialist mortgage advisers will call you back.

Find Your Ideal Mortgage

Fill in your details below and one of our mortgage experts will contact you to discuss your options and help you choose the best loan.

Why Choose Us?

Best Broker specialises in arranging mortgages for nurses which gives you a number of benefits that you won’t get if you just walk into your local bank or try to get a mortgage through a broker who doesn’t understand the medical profession.

Maximise the Amount You Can Borrow

When it comes to deciding how much you can borrow, a lot of mortgage lenders will just look at your basic salary. But we know that a nurse's income is not as simple as this.

That’s why we work with lenders who are far more flexible in terms of how they assess your income.

This means we can get you a mortgage that’s based on your own salary plus your overtime and penalty payments. We also add back up to 100% of any car allowances or salary sacrifice payments you receive to further boost your total income figure.

Having this kind of flexibility means we may be able to get you a larger mortgage than you’d be offered elsewhere.

Get Flexibility and Certainty

Those two things don’t normally go together, but with our mortgages they do.

The faster you can pay off your mortgage, the less you’ll pay in the long run. So if you find yourself with money spare at the end of the month or if you come into extra money such as an inheritance, bonus payments or gift from a relative then it can make sense to use this to pay off a bit more of your loan.

But, if you’re like most people, you probably also like the idea of being on a fixed rate mortgage so you know how much you’ll be paying each month for the next few years. And you usually can’t make big overpayments if you’re on a fixed rate.

However, the special mortgages we have access to allow nurses to overpay up to $30,000 a year on a fixed rate loan.

This means you can enjoy the peace of mind that comes from the certainty of a fixed rate whilst still being able to overpay and reduce your mortgage term and the total amount of interest you have to pay.

Save Time and Hassle

Did you know that every time you apply to a lender for a mortgage it leaves a mark on your credit file, even if you decide not to go ahead because they won’t lend you as much as you need? So if you have to go from one lender to another trying to find the right deal, it can quickly start to lower your credit score and affecting your credit rating.

As specialists in mortgages for nurses we always know which lenders are most likely to offer you a mortgage – even when lenders are changing their criteria on a daily basis.

So we won’t waste time or risk damaging your credit rating by applying to lenders who are unlikely to approve you, instead we match the right lender to you first then apply for the loan!

And because we know exactly which documents each lender will ask for, you won’t have to waste time figuring all that out yourself.

No Call Centres

No-one likes sitting on hold in a call queue or being passed from pillar to post and having to explain the same things to multiple people.

That’s why most people - and especially busy nurses, midwives and medical workers find dealing with call centres so frustrating.

Unfortunately, when you deal direct with your bank or with a large firm of mortgage brokers, you’re likely to have to speak to someone in a call centre whenever you ring them.

At Best Broker, we don’t operate any call centres or outsource staff overseas. Instead, you’ll be allocated a single named individual who will be your point of contact throughout all your dealings with us. You’ll have their direct line phone number and email so you can always get in touch with them easily whenever you need any help with any aspect of your mortgage application.