Home loans by profession

Loans that understand what you do for a living

Some lenders offer real perks depending on your profession, from counting shift income properly to waiving LMI for certain roles. Find yours and let's put it to work.

Finance

Home Loans for Accountants

Accountants know their way around a balance sheet, so this one should land nicely. If you are a qualified accountant and a member of a professional body, some lenders will waive lenders mortgage insurance for you, and plenty of accountants do not realise they are on the list.

Defence

Home Loans for ADF & Defence Personnel

Serving members of the Australian Defence Force have access to support that no other profession gets, and a fair few do not use all of it. Between the Defence Home Ownership Assistance Scheme, a purchase assistance payment, and the way allowances are treated, there is real value on the table. Frequent postings just mean you want the structure right.

Healthcare

Home Loans for Dentists

As a registered dentist you sit inside the same group of medical professionals that several lenders treat differently, and that can be worth real money. If you own or are buying into a practice, there is a second angle worth getting right too.

Healthcare

Home Loans for Doctors

Doctors get some of the most useful concessions in Australian lending, and most have no idea they exist. The headline is that some lenders will waive lenders mortgage insurance entirely for eligible doctors. Let me show you what that means for you.

Engineering

Home Loans for Engineers

Engineering income has two things going for it at the loan application stage, and most engineers only know about one of them. One is a possible LMI waiver. The other is how the right lender counts your site allowances, bonuses and overtime.

Corporate

Home Loans for Executives

High earners often assume borrowing is the easy part, then get a number back that feels low for the money they make. The reason is almost always the same. A lot of an executive's package sits in bonus, commission and share income, and lenders treat each of those very differently.

Resources

Home Loans for FIFO and Mining Workers

If you work fly in fly out or on a mine site, your base salary is often the smaller part of what you earn. Site allowances, loadings, overtime and bonuses can make up 30 to 50 percent of your income. The catch is that a lot of lenders discount or ignore exactly that part, and it can cost you badly at application time.

Emergency services

Home Loans for Firefighters

Firefighting is stable, respected work, and lenders like both of those things. What tends to shape a firefighter's home loan is not your job security, it is how much of your shift penalties, overtime and allowances a lender will actually count.

Technology

Home Loans for IT Professionals

Tech pay is rarely just a salary. Between restricted stock units, bonuses and, for a lot of IT professionals, contract day rates, a big share of what you earn can sit in the parts a lender is least sure what to do with. Get it presented properly and your borrowing power can jump.

Legal

Home Loans for Lawyers

Law is one of the professions that lenders single out for better treatment. If you are an admitted solicitor or a practising barrister, some lenders will waive lenders mortgage insurance for you, which removes a cost that can easily reach five figures on a Sydney purchase.

Healthcare

Home Loans for Nurses

Nurses and midwives often earn more than their base salary suggests once you count shift penalties, overtime and allowances. The trick is finding a lender that counts all of it. That's where I come in.

Healthcare

Home Loans for Optometrists

Optometrists sit among the allied health professionals that several lenders treat differently, and it can be worth real money. If you are registered, you may be able to avoid lenders mortgage insurance. How you work, in a retail chain or your own practice, shapes the second half of the picture.

Emergency services

Home Loans for Paramedics

Paramedic pay does not arrive in a neat, flat salary, and that is exactly where a lot of home loan applications trip up. Between shift penalties, overtime and allowances, a big slice of your income sits outside your base pay. On top of that, you may now be eligible for an LMI concession that a lot of paramedics do not know exists.

Healthcare

Home Loans for Pharmacists

Pharmacists sit inside the group of health professionals that several lenders treat differently, and the door has opened wider lately. Some lenders that once wanted a high income to grant the waiver have eased that, so more pharmacists now qualify than a couple of years ago.

Healthcare

Home Loans for Physiotherapists

Physiotherapists are one of the allied health professions that some lenders now single out for better treatment. If you are registered with AHPRA, you may be able to avoid lenders mortgage insurance. The wrinkle for a lot of physios is how they earn, because so many work as contractors rather than employees.

Aviation

Home Loans for Pilots

A pilot's payslip is one of the most misread documents in lending. Between base pay, flying allowances, overnight and per diem amounts and roster loadings, a lot of your real income can get ignored by a lender that does not understand aviation pay. The right one counts far more of it.

Emergency services

Home Loans for Police Officers

Police work does not pay in a neat, flat salary, and that is exactly where a lot of home loan applications trip up. Between shift penalties, overtime and allowances, a big slice of your income can sit outside your base pay. The right lender counts nearly all of it.

Healthcare

Home Loans for Psychologists

Psychologists are one of the allied health professions that some lenders now treat differently, which can save you real money. If you are registered, you may be able to avoid lenders mortgage insurance. The part that trips a lot of psychologists up is private practice income, because so many work for themselves.

Education

Home Loans for Teachers

Teaching is about as stable as employment gets, and lenders like that. The thing that most often shapes a teacher's home loan is not your job security, it is your HECS or HELP debt and whether you are permanent, on contract, or doing casual relief work.

Trades

Home Loans for Tradies

If you are a tradie running your own ABN, your tax return probably makes you look poorer than you are. That is the whole challenge with a self-employed home loan. My job is to show a lender your real earning capacity, not the low figure at the bottom of your return.

Healthcare

Home Loans for Veterinarians

Vets have quietly joined the group of professionals that some lenders treat differently, and a lot of vets have no idea. If you are registered and earning a steady income, you may be able to skip lenders mortgage insurance. If you own or are buying into a clinic, there is a second angle worth getting right.

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