How this lending option works
Professional and executive income can be strong but not always simple. We compare how lenders assess salary, bonus, commission, allowances, equity income and existing investments, then structure the loan around current and future plans.
- Salary, bonus and commission income
- Medical, legal, accounting and corporate professionals
- Home purchases, investment lending and refinancing
Income that may need closer assessment
Variable remuneration, recent promotions, probation, partnership income, employee shares and multiple income sources can be treated differently between lenders. We identify the evidence available and target lenders whose current policy fits it.
- Base salary, overtime, allowances and commissions
- Annual bonuses and short- or long-term incentives
- Equity income, vesting and employee share plans
- Professional practice, partnership or company income
Lending for complex property and career plans
We assist with home upgrades, investment portfolios, refinancing and equity access for renovations or further investment. For eligible professions, some lenders may offer profession-specific pricing or loan-to-value policies, subject to current criteria.
Potential LMI waivers and high-LVR pricing benefits
Eligible professionals may have access to lender policies that waive lenders mortgage insurance (LMI), reducing a significant upfront cost when borrowing above 80% of the property's value. Some lenders may also offer eligible borrowers the same advertised interest rate at 90% LVR as at 80% LVR. These benefits are not available from every lender and depend on the applicant's profession, income, loan purpose, property, credit position and the lender's current policy.
- Potential LMI savings for eligible professions
- Selected lender policies with no high-LVR interest-rate loading
- Options compared across rate, fees, policy and total cost
Preserve flexibility beyond this transaction
The lender offering the highest immediate capacity may not provide the best structure for future purchases. We consider exposure limits, cash flow, loan splits, offset arrangements and how existing commitments will be treated next time.
Common questions
Will lenders include my bonus or commission?
Some lenders may include eligible variable income where there is sufficient history and evidence, often applying their own adjustments. Treatment differs by lender and employment type.
Are special home-loan policies available for professionals?
Yes, in some cases. Selected lenders may waive LMI for eligible professions, and some may offer the same advertised rate at 90% LVR as at 80% LVR. Profession lists and eligibility rules vary, and occupation alone does not guarantee approval, an LMI waiver or a particular rate or loan-to-value ratio.
Can I use home equity for investment or renovations?
Potentially. The lender will assess valuation, servicing, purpose and supporting evidence. We can compare a loan increase, separate split or refinance and explain the cost and structure trade-offs.
Free, no-obligation assessment*
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Prefer to speak now? (02) 8377 9006