Paramedics
- Essential Worker Finance
Home loans for paramedics and ambulance officers
You respond when it matters most. We make the home loan process straightforward.
Paramedic income is often higher than it looks on paper once overtime, shift penalties and allowances are counted correctly. The problem is most lenders only look at base salary, which undersells your actual income and limits what you can borrow.
We work with lenders who understand the paramedic pay structure and assess your full income properly. For eligible paramedics, LMI waivers at 90% LVR are available, and degree-qualified paramedics may access no LMI at 95% LVR through specialist products.
- What You Can Access
What paramedics can qualify for
- LMI waivers at 90% LVR with eligible lenders, saving up to $44,000
- 100% of overtime, shift penalties and allowances assessed with the right lenders
- Lenders who understand rostered and rotating employment structures
- HECS debt assessed favourably depending on your remaining balance and timeline
- 95% LVR no LMI available for degree-qualified paramedics via specialist lender products
- Borrowing with as little as a 10% deposit
- First home buyer options: Government 5% scheme vs LMI waiver comparison
- HECS & HELP Debt
A note on HECS debt
Many paramedics hold a degree and carry HECS debt. Depending on how close you are to paying it off, we can find lenders who exclude it from their servicing assessment entirely or apply a significantly reduced buffer. This can meaningfully increase your borrowing capacity.
- What You Will Need
Documents you will typically need
- Two to three recent payslips showing base pay, overtime and allowances
- Last two years tax returns and PAYG summaries
- Confirmation you are not currently studying if HECS exclusion is being applied
- Employment letter confirming consistent shift patterns and overtime
- ATO MyGov HECS statement if applicable
- How It Works
Our process
- Step One
Free
We understand your income, deposit and goals.
01
- Step Two
We do the work
We assess your borrowing power across 90+ lenders using your actual income.
02
- Step Three
Settlement
Application, approval and settlement managed for you.
