2-Minute Assessment • No Credit Check

Home Lending Eligibility
Am I Eligible?

Find out if you qualify for a home loan in Australia. Check your eligibility, understand deposit requirements, and discover how much you could borrow — all in 2 minutes.

Home Lending Eligibility Criteria

Here's what lenders typically look for when assessing your home loan application.

Income Requirements

  • Employed full-time, part-time, or casual (2+ years)
  • Self-employed with 2+ years of tax returns
  • Contract workers with consistent income history
  • Centrelink income (some lenders)
  • Cash-in-hand income only

Deposit Requirements

  • 20% deposit (no LMI required)
  • 10-19% deposit (LMI applies)
  • 5-9% deposit (with government schemes)
  • No deposit (guarantor loan)
  • Less than 5% deposit, no guarantor

Credit History

  • Clean credit history (no defaults)
  • Small paid defaults (over 2 years ago)
  • Current credit card debt (manageable)
  • Recent defaults or bankruptcies
  • Multiple declined applications
Likely eligible
Depends on lender
May not qualify

How Much Can You Borrow?

Typical borrowing scenarios based on income and deposit. Your actual borrowing power depends on your individual circumstances.

First Home Buyer

Income
$80,000 - $120,000
Deposit
5% - 20%
Borrowing Power
$400,000 - $700,000
Grants Available
Up to $30,000

Couple / Family

Income
$150,000 - $250,000
Deposit
10% - 20%
Borrowing Power
$700,000 - $1.2M
Grants Available
Up to $30,000

Property Investor

Income
$120,000+
Deposit
20% - 30%
Borrowing Power
$500,000 - $2M+
Grants Available
N/A (investors)

Refinancer

Income
Any (with equity)
Deposit
N/A (equity)
Borrowing Power
Current loan + equity
Grants Available
Cash-back offers

Your Path to Home Lending Approval

From eligibility check to settlement — we guide you every step of the way.

1

Check Eligibility

Use our calculators or speak to a broker to understand your borrowing power

2

Get Pre-Approved

Receive conditional approval with no impact on your credit score

3

Find Your Property

Search with confidence knowing exactly what you can afford

4

Formal Approval & Settlement

We handle the paperwork and coordinate with your conveyancer

Ready to Check Your Eligibility?

Our brokers can assess your situation in a free, no-obligation call. Find out exactly where you stand and what options are available to you.