Home loans · 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.
The problem is not that pilots earn poorly. It is that pilot income comes in parts, and a generalist lender often assesses only your base and shades or drops the rest. Get it in front of a lender that understands airline pay structures and your borrowing power can lift substantially.
How pilot income is really made up
- Base salary is counted in full by every lender.
- Flying pay and hourly or sector pay can often be included where it is regular.
- Duty travel and overnight allowances may count depending on how they appear.
- International per diems can be assessable income if you are an Australian tax resident.
Per diems cut both ways
The allowances that lift your income can also be read as expenses if you are away from base often. A lender that knows aviation understands the difference. One that does not can end up penalising you twice. Presenting this properly is where a broker who has seen pilot payslips earns their keep.
Variable rosters and averaging
Your income moves month to month with your roster, and that is fine. Lenders that suit pilots tend to look at an annual average rather than a single recent payslip, which smooths out the busy and quiet months. Most want to see a consistent history, often 12 to 24 months, before they count the variable parts in full. If your income has grown as you have moved up types or gained a command, the lender you choose matters, because some lean on your most recent year while others average.
Whether it is your first home, an upgrade or an investment, getting this income treatment right is the difference maker. If it is your first place, start with first home buyer support. If you are investing, see investment property loans.
Get your full pay recognised
Send me a recent payslip and roster and I'll match you to the lender that counts the most of your aviation income. Free call, no obligation.
Frequently asked questions
Will a lender count my flying allowances and per diems?
Many will, particularly where the income is regular and you can show a history. Some lenders understand aviation pay far better than others, which is why matching you to the right one matters so much for pilot income.
My roster makes my income jump around. Is that a problem?
No. Lenders that suit pilots usually assess an annual average rather than a single month, which smooths out the variation. They will want a consistent history, often a year or two. Book a call and we'll look at yours.
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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