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Registered nurses and healthcare workers form one of Australia's largest professional groups. Shift allowances, overtime, penalty rates, and HECS debt all affect loan assessment — here's how to navigate it.
Some lenders waive LMI for registered nurses up to 90% LVR. Credit unions and mutual banks with a healthcare focus are most likely to offer this benefit.
It depends on the lender. Most mainstream lenders shade shift allowances to 50–80%. Specialist lenders may include 100% if you can demonstrate consistent rostered shifts over 12+ months.
Yes. HECS/HELP repayments are treated as a liability by all lenders, reducing your net assessed income and borrowing capacity.
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