Home Loans by Occupation

• Medical professionals
  LMI waivers to 90 or 95 per cent, how registrar and locum income is read, and private practice and ABN income.
• Nurses and midwives
  shift penalties and rostered overtime, agency and casual work, salary packaging, and the LMI concessions a few lenders offer to essential workers.
• Teachers
  permanent, temporary and casual contracts, the school holiday question, higher duties allowances, and the first home and 5% Deposit Scheme fit.
• Police
  shift and operational allowances, rostered overtime, rank increments, approved secondary employment, scheme deductions on the payslip and the lenders that offer concessions.
• Fire and ambulance
  the 10/14 and similar rosters, penalties and overtime, retained and part-time service, secondary employment and essential worker concessions.
• Trades and self-employed
  two years of returns, add-backs, the ABN age rule, low-doc options, and the ute or equipment finance that runs alongside.
• Mining and FIFO
  site and living-away allowances, roster-based overtime, contract versus permanent, and buying in the home town while working away.
• Professional services
  LMI waivers to 90 per cent, partnership and distribution income, bonus treatment and practice entities.
• Commission earners
  real estate agents, car and recruitment sales, financial advisers and anyone paid mostly on results. Two-year averages, the retainer question, and ABN agents.
• Over 55
  the exit strategy a lender needs, loan terms past retirement age, downsizing with a bridging loan, super and investment income, and helping adult children.
• New job
  probation rules, same-industry moves, contract and fixed-term roles, the first payslip, and when to apply.
• Parental leave
  how lenders treat the return-to-work letter, paid and unpaid leave, part-time return, childcare costs and the second income.
• Apprentices and young buyers
  how a parent's guarantee works, what it covers and when it is released, apprentice wage progression, and the schemes that stack.
• Plumbers
  chattel mortgage, equipment finance, overdraft and invoice finance.
• Electricians
  chattel mortgage, equipment finance and working capital for a growing electrical business.
• Builders and carpenters
  How lenders assess builders and carpenters for a home loan, the licensed builder's extra questions, and the ute, tools, and construction working capital on the business side, including building your own home as a licensed builder.
• Landscapers and earthmoving
  machinery finance, chattel mortgage and the cash flow of civil work.
• Transport owner-drivers
  truck finance terms, deposits, used vehicles and the cash flow of freight work.
• Mechanics and auto trades
  equipment finance, fit-out and commercial property.
• Roofers
  How lenders assess roofers and roof plumbers for a home loan, and how the ute, trailer, scaffold and safety gear are financed on the business side, with the cash flow of insurance and builder work.
• Concreters
  How lenders assess concreters for a home loan, and how the truck, the pump, the bobcat and the formwork are financed, with the cash flow of slab and civil work paid on claims.
• Air conditioning and refrigeration
  How lenders assess HVAC and refrigeration technicians for a home loan, and how vans, tools, stock and commercial contract cash flow are financed on the business side.
• Painters and plasterers
  How lenders assess painters and plasterers for a home loan on ABN income, and how the ute, the spray gear and the cash flow of builder and strata work are financed.
• Tilers and bricklayers
  How lenders assess tilers, bricklayers and stonemasons for a home loan on ABN income, and how vehicles, saws and mixers and builder-paid cash flow are financed.
• Cabinet makers and shopfitters
  How lenders assess cabinet makers, joiners and shopfitters for a home loan, and how CNC machines, edgebanders, vehicles and the factory premises are financed, with the cash flow of deposits and progress payments.
• Pool builders
  How lenders assess pool builders for a home loan, and how excavators, trucks and the cash flow of pool contracts paid in stages are financed, including the consumer contract rules that shape it.
• Cleaning and pest control
  How lenders assess commercial cleaning and pest control operators for a home loan on ABN income, and how vehicles, equipment, contracts and the cash flow of monthly-paid clients are financed.
• Small-scale developers
  residential construction loans versus development finance, the end valuation, presales, the deposit and costs, GST and the margin scheme, and keeping versus selling.
• Developers
  lending ratios on GRV and TDC, presales, senior and mezzanine debt, bank versus non-bank lenders, and the documents a lender reads first.
• Pharmacy
  goodwill lending, fit-out, stock and the PBS cash-flow cycle.
• Business cash flow
  overdraft, line of credit, invoice finance, trade finance, unsecured business loans and equipment finance, how each is assessed, what each costs and which fits which gap.

Policies differ lender to lender and change; each page sets out the pattern, and the conversation settles which lender reads your position best.