How police income is assessed
Stable employment with a state or federal service is viewed favourably by most lender credit teams.
← Essential workers
Home loans for police officers.
Home loan options for police officers who want their full income properly assessed, including overtime and allowances. Subject to assessment.
Who this is for
Built for police officers like you.
- State police officers
- Federal police officers and AFP members
- Detectives and specialist branches
- Senior sergeants and commissioned officers
- Recruits where eligible
- Police buying, refinancing or investing
Lending advantages
What may be available to you.
Several lenders apply specific policies to your profession. Eligibility, limits and pricing vary - subject to assessment.
Overtime, allowances and shift work
Selected lenders count sustained overtime, shift loadings and allowances as ongoing income with payslip and PAYG support.
No LMI options through selected lenders
Eligible officers may use the Australian Government 5% Deposit Scheme or essential worker pricing through selected lenders. Subject to eligibility.
Why lender choice matters
Lender appetite for shift and overtime income varies materially. Lender selection is the single biggest variable.
Common challenges
Where this profession often hits friction.
New recruits and probationary stage
Probationary officers can hit friction with generic assessors. A small number of lenders weight the secured nature of the role favourably.
Variable allowances
On-call, danger and acting allowances vary across commands. We model conservatively.
Postings and relocation
Mandatory transfers can complicate timing. We structure around bridging needs where required.
How we help
Strategy first. Loan second.
Our process is the same for every client - understand the situation, model it against selected lenders, then recommend a path. No pressure, no surprises.
- 01Map base, allowances, shift loadings and overtime.
- 02Check eligibility for Australian Government 5% Deposit Scheme or state schemes.
- 03Recommend lenders that suit your specific service and rank.
- 04Manage the application, valuations and settlement end to end.
- 05Annual loan review for as long as you're a client.
Documents to have ready
Make the first conversation faster.
- Employment contract or employment letter
- Payslips showing overtime and allowances
- Police association membership if relevant
- ID or employment evidence
- Current loan statements
- Savings evidence
FAQs
Common questions.
Can police officers get no LMI home loans?+
Eligible officers may use the Australian Government 5% Deposit Scheme or essential worker programs. Subject to scheme and lender criteria.
Will overtime count?+
Selected lenders count a portion or all of sustained overtime with payslip and PAYG support.
Can probationary officers qualify?+
Often yes. A small number of lenders weight the secured nature of the role favourably. Subject to assessment.
Can police officers buy investment property?+
Yes. We model investment lending across your full position.
What documents should police officers prepare?+
Employment evidence, recent payslips showing overtime and allowances, ID, current loan statements and savings evidence.
Want to know what you may qualify for?
Send us a few details and we will check your options with current lender policy.
Every lender has different rules. Your eligibility depends on your income, deposit, credit history, property type, location, existing debts and the lender policy at the time of application.
This information is general only and does not consider your personal situation. Lending options, LMI waivers, interest rates, loan amounts and approval requirements vary by lender and can change at any time. We will check your circumstances against current lender policy before making any recommendation.