Home loans · 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.
If most of your income is base salary, borrowing is straightforward. The moment a big share arrives as bonus, short and long term incentives or commission, the lender you choose starts to matter a great deal. Two lenders can look at the same package and land on assessed incomes a long way apart.
How each part of your package is viewed
- Bonus income is often averaged over the last two years, and some lenders can count all of it where it is regular.
- Commission is commonly accepted in full once you have been in the role two years or more, though some lenders average it and a few ignore it.
- Share based pay such as RSUs can be counted by some lenders, usually with a track record and a discount for price movement.
- A letter of entitlement from your employer, confirming income is likely to continue, often makes the difference.
Strong savings work in your favour
Lenders assessing variable income like a large bonus tend to look kindly on a solid savings or investment position. It signals you can handle the swings. If you have built real reserves, we make sure the lender sees them as the strength they are.
Structuring a larger loan properly
At higher loan sizes the structure matters as much as the approval. Whether you fix part of the loan, how you use an offset, and how you split borrowing across a home and investments all affect what you pay and how flexible you are later. If you are also buying investment property, see investment property loans, and my guide on offset versus redraw is worth a read.
Some executives also qualify for a professional LMI waiver through their qualifications, for example accountants and lawyers, which can apply even at higher price points. If that could be you, it is worth checking. Get a feel for your position first with how much can I borrow.
Get your real income recognised
Tell me how your package is structured and I'll match you to the lender that counts the most of it. Free call, no obligation.
Frequently asked questions
Why is my borrowing power lower than my income suggests?
Usually because much of your package is bonus, commission or share income, and your lender is discounting or ignoring it. Another lender may count far more of the same income. That gap is exactly what I work on for high earners.
How do lenders treat my annual bonus?
Most average your last two years and want evidence it is ongoing, often a letter from your employer. Some can count all of a regular bonus. Book a call and we'll look at your numbers.
Important information
This information is general in nature and does not take your personal objectives, financial situation, or needs into account. It is not credit assistance or a recommendation to enter into any particular credit contract. Consider whether it is right for you and seek advice before acting. Lending is subject to a lender's eligibility and approval criteria. Terms, conditions, fees, and charges apply.
Greenwood Finance · ABN 23 671 049 693 · Credit Representative No. 551942.
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