We have strong experience working with business owners and understanding different income verification methods.

Income can be assessed using:

• Full financial documentation
• Low documentation options such as BAS statements, accountant letters, or business bank statements
• Director wages with at least 6 months of history
• One year financials with major lenders
• 12-month ABN applicants with competitive lending options
• Contractors transitioning from previous PAYG employment
• Lenders that may ignore certain company debts in serviceability calculations
• Using franking credits as part of income where applicable

Employees with standard or variable income structures may still qualify through several lending options.

Common income types accepted include:

• Novated lease arrangements
• Bonuses received within the last 12 months
• Commission income with 6+ months history
• Casual employment with recent payslip evidence where prior experience exists in the same field
• Maternity leave scenarios depending on return-to-work confirmation
• Frontline workers where lenders may use 100% of income
• Contract employees depending on contract duration and employment history

Purchasing property with family or friends can increase borrowing capacity.
Higher-income applicants can help support lower-income applicants through shared servicing arrangements.

Certain lenders allow restructuring or separating debts held by non-applicants, which can improve borrowing capacity and loan approval chances.

Homeowners may be able to access up to 80% of their property value through equity release, often without extensive documentation.
Higher equity access may require additional verification.

Some lenders apply flexible policies when assessing living expenses, such as:

• Excluding private school fees if funds are already set aside to cover them
• Including private health insurance within acceptable living expense calculations
• Considering body corporate expenses within lender-approved guidelines

Many qualified professionals may be eligible for Lenders Mortgage Insurance (LMI) waivers, allowing higher borrowing limits without paying LMI.

Common professions include:

• Accountants
• Actuaries
• CFA holders
• Medical professionals
• Nurses
• Solicitors and other degree-qualified professionals

In many cases, these borrowers may qualify for up to 90% borrowing without LMI.