Are you a dedicated educator, passionate about shaping young minds and making a difference in your community?
Your commitment to education is commendable, and at Home Loan Experts, our passion is supporting those who enrich the lives of others every day.
As a teacher or other educator, you have a higher chance of getting approved for a home loan because of your:
Stable employment: Teaching is considered a stable profession with regular employment contracts, especially for those in permanent positions. Lenders favour borrowers with stable employment histories, as it indicates a consistent income stream and reduces the risk of default.
Reliable income: Teaching salaries are generally reliable and predictable income sources. This also makes teachers attractive candidates for home loans.
Potential for additional income: As a teacher, you may have opportunities for additional income through tutoring, coaching and more. This can strengthen your financial position and increase your ability to afford a mortgage.
What benefits do teachers get when applying for a home loan?
As an educator or teacher, you get the following benefits when applying for a home loan:
Borrow more than 100% of the property value with a guarantor.
Borrow up to 95% of the property value, even if you’re a casual.
Borrow up to 90% of the property value without paying Lenders Mortgage Insurance. LMI is usually applicable when borrowing more than 80% of the property value.
At Home Loan Experts, we can even:
Negotiate interest rates on your behalf because of the strong relationships we have with lenders.
Ensure that 100% of your overtime income gets factored into a loan application, even if you are a casual or part-time teacher.
Ensure your overtime income is determined based on a projected total for 40-48 weeks, to provide a comprehensive view of your annual earning potential.
We can help the following education professionals:
Pre-Primary School Teacher
Primary School Teacher
Secondary School Teacher
Special Needs Teacher
Special Education Teachers
University Lecturer
University Tutor
Vocational Education Teacher
English as a Second Language Teacher
School Principal
For educators like you, Home Loan Experts offers practical support and exclusive benefits to simplify your home loan process.
Specialised support: We understand the unique aspects of teacher salaries and employment contracts that can affect your mortgage application. Our experts care enough to provide detailed loan comparisons and cost analyses, along with cashflow-management strategies.
Flexible options: Whether you work full time, part time, or on contract, we have flexible loan options to suit your needs. We'll find the right fit for your budget and lifestyle.
Personalised guidance: Our team offers you personalised support from pre-approval to settlement. We'll recommend lenders with convenient branches and easy online access. We can also handle government grant and scheme applications on your behalf.
Exclusive benefits: As a teacher, you deserve recognition for your hard work. That's why we provide exclusive benefits like detailed property reports, comparable sales data, and connections to trusted buyer's agents or conveyancers.
Your broker for life: Our relationship with you doesn't end at settlement. We're here for the long haul because we care. Whether you have questions about refinancing, accessing equity, making extra repayments, or any loan variation, Home Loan Experts’ dedicated and knowledgeable brokers are just a phone call away and ready to work with you.
1300 889 743
02 9194 1700
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