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Quantum Finance Australia

Home loans by occupation

We learn how your work and pay actually run, then check 40+ lenders' policies against them

Quantum Finance arranges home loans by occupation in Perth. We take the time to learn how your work and pay run, then check which of 40+ lenders have a policy for your occupation, and whether one would waive lenders mortgage insurance. That is the insurance you normally pay to protect the lender when you have saved less than twenty per cent.

  • We find out whether any lender has a policy for your occupation.
  • We check whether any lender would waive the insurance for your occupation, without you having to ask.
  • We compare 40+ lenders, because each one keeps a different list of occupations.
  • Subject to lender approval and your circumstances.
Framed broker awards and a degree certificate on the wall of the Quantum Finance office
Years broking
21+Years broking
Loans settled
$1B+Loans settled
Credit licence
ACL 389083Credit licence
Lenders compared
40+Lenders compared

Find your occupation

Home loans for your line of work

Pick your occupation to see how lenders treat that work and pay. More pages are on the way, so search for yours, or tell us what you do if it is not listed.

  • Home loans for doctorsRead the page
  • Home loans for nursesRead the page
  • Home loans for lawyersRead the page
  • Home loans for teachersRead the page
  • Home loans for dentistsRead the page
  • Home loans for accountantsPage coming soon
  • Home loans for veterinariansPage coming soon
  • Tradie home loansPage coming soon
  • Home loans for pharmacistsPage coming soon
  • Home loans for police officersPage coming soon
  • Home loans for medical specialistsPage coming soon
  • Home loans for medical graduatesPage coming soon

Our awards and recognition

Awarded by the people who see every broker’s numbers

  • Diamond Club

    2026

    Money Quest Group

  • Diamond Club

    2025

    Money Quest Group

  • Diamond Club

    2024

    Money Quest Group

  • Mortgage Broker of the Year

    2023/24, National, highest dollar volume settled

    Southern Cross Broker Network

  • Excellence in Finance, Gold

    2021

    PLAN Australia

  • Excellence in Finance, Gold

    2020

    PLAN Australia

  • Hall of Fame

    Valued partner, 15 years

    PLAN Australia

  • Elite Broker

    2021

    Broker Value Proposition

  • Premium Broker

    ANZ

  • Individual Excellence Award

    2016

    Specialist Finance Group

  • Sales Excellence Award

    PLAN Australia

  • Sales Master Award

    PLAN Australia

  • Top 100 Brokers

    Four times

    Australian Broker

What our professionals service does

The work we do when your occupation could change the loan

A home loan for professionals is a standard home loan written under a lender's policy for particular occupations. The work is finding the lenders whose policy recognises yours, then comparing the whole loan, not just the waiver.

Most residential loans are paid for by the lender through commission rather than by you. Where a fee would apply, we tell you before you apply, in writing.

Sometimes no lender's list includes your occupation. We say so early, then compare our whole panel, the 40+ lenders we can apply to, on their normal terms.

  • We check whether an insurance waiver applies to you

    Several lenders waive lenders mortgage insurance for particular occupations, and each one keeps its own list. We check yours against the panel before you assume the premium is unavoidable, and we tell you when no lender's list includes it.

  • We compare 40+ lenders on occupation policy

    Lenders differ on which occupations qualify, on the rate, and on how much of the property's value they will lend, called the loan-to-value ratio. A single bank cannot show you those differences, because it only knows its own policy.

  • We cost the premium a waiver would remove

    The premium varies by lender, by loan size and by how far under twenty per cent you are. It is usually added to the loan. Once you know that figure, you know what a waiver is worth to you.

  • We read your income the way a lender will

    Allowances, overtime, bonuses and contract income are counted differently from one lender to the next, and some lenders count only part of them. We work out what each lender will accept on your payslips before anything is submitted.

  • We weigh the waiver against the whole loan

    A loan with a waiver can carry a higher rate or fees, and over the years those can cost more than the premium. We compare the whole loan, so the insurance saving is one line in the comparison rather than the only one.

  • We submit once, to a lender whose policy fits

    Multiple declines in a short window damage a credit file. We check your occupation, income and deposit against each lender's rules first, so your application goes to one lender instead of several.

Work out what a waiver is worth

The premium a waiver would remove, and what you can borrow

Estimate the insurance premium a waiver could save you, and how much a lender might lend on your income. Both figures move with the lender, so treat them as a starting point for the conversation.

Work out which LVR band you are in

The lender uses its own valuation, which is not always the price you agreed.

What is going towards the property itself, after transfer duty and costs are paid.

80 %

80% is where lenders mortgage insurance normally stops applying. Move this to whatever band your lender has told you about.

Your loan-to-value ratio

91.0%

Above 80%, so lenders mortgage insurance would normally apply.

The loan you would need
$546,000
Your deposit as a percentage
9.0%
Deposit for a 80% ratioWhich would leave a loan of $480,000.
$120,000
Extra deposit needed to get thereCrossing a band can be worth far more than the dollars suggest.
$66,000

This tool does not price the premium, and that is deliberate. LMI premiums are set by the mortgage insurers and vary by insurer, lender, LVR band and loan size, so there is no universal table anybody can honestly publish. What you see above is the part that is the same everywhere: where you sit against 80% and what it takes to move. For an actual figure, we run your numbers at the lenders whose insurer pricing suits your ratio and come back with a quoted premium. This is an estimate, not an approval.

Get a real LMI figure

Each tool has a page of its own explaining every figure it uses: lmi calculator and borrowing power calculator.

How lenders treat professionals

Four ways professionals borrow, and what each one means

Borrowers often hear that professionals get special home loans. In practice it comes down to a few lender policies, and none of them applies to every lender or every occupation.

Lenders mortgage insurance waiver

Tends to suit

Eligible occupations borrowing with less than twenty per cent saved

Worth knowing

The occupation list, the maximum ratio and the rate differ by lender

Allowances, overtime and bonus income

Tends to suit

Professionals paid partly outside their base salary

Worth knowing

Lenders count these differently, and some count only part of them

Family guarantee

Tends to suit

Buyers whose occupation does not attract a waiver

Worth knowing

A family member puts up part of the value of their home as extra security. That removes the premium in most cases, and they take on a real obligation.

Standard lending policy

Tends to suit

Borrowers whose occupation is not on any lender's list

Worth knowing

Every lender we work with is still compared, and the insurance is charged the usual way

You do not need to know which lender lists your occupation. Tell us what you do and how you are paid, and we check the panel for you.

Who home loans for professionals suit

The borrowers we check occupation policy for

Occupation policy matters most when the deposit is under twenty per cent or the income is not a simple salary. These are the situations that arrive most often.

  • Medical professionals buying with less than twenty per cent saved

  • Professionals told by one bank that the insurance premium cannot be avoided

  • Borrowers whose pay includes allowances, overtime or bonuses that lenders read differently

  • Professionals early in their career, whose income is rising faster than their savings

  • Anyone unsure whether their occupation appears on any lender's list

How the process works for professionals

Five steps, with your occupation checked before step two

The process is the same five steps as any loan we write, with your occupation and income checked against lender policy before anything is submitted. Here is the whole thing, start to finish.

  1. Start an application

    You send us the basics and we work out what you could borrow and which lenders will look favourably at your situation.

    What you need

    Income, debts, deposit

    Read this step in full: Start an application

  2. Get pre-approved

    We put your file to the lender that fits and bring back a pre-approval in writing, subject to lender approval and your circumstances.

    What we do

    Match the lender to your file

    Read this step in full: Get pre-approved

  3. Get officially approved

    Once your offer is accepted, the lender orders its valuation and issues formal approval.

    What we do

    Chase the lender, so you do not have to

    Read this step in full: Get officially approved

  4. Prepare for settlement

    We go through the loan documents with you before you sign anything, then coordinate the lender and your settlement agent.

    What you need

    Your questions, asked early

    Read this step in full: Prepare for settlement

  5. Stay up to date

    After settlement we keep the loan under review as rates move and your circumstances change.

    What we do

    Review it, and tell you first

    Read this step in full: Stay up to date

Step 1 of 5

Start an application

About our independent mortgage brokers

The brokers who check your occupation against the panel

Independent means no franchise above us and no lender owning a share of the business. Nobody upstairs sets a monthly target, so we can tell you when no waiver applies. Your bank has one occupation policy; we compare 40+ lenders.

Gavin Harrigan has been broking from West Leederville since 2005. Today it runs on a small team, Gavin Harrigan, Justin Richardson and Xavier Prescott, each with their qualifications on the page. You deal with the person who writes your loan, before settlement and after it.

The work runs from a first home loan, through refinancing and investment lending, out to construction, small developments and commercial property. Same broker, whichever end of that you are at.

  • VerifiedBroking since 2005
  • VerifiedOver $1 billion in loans settled
  • VerifiedAustralian Credit Licence 389083
  • VerifiedMoneyQuest accredited
  • VerifiedMember of the Finance Brokers Association of Australia (FBAA)
  • Verified40+ lenders on the panel

Fifteen minutes is usually enough to tell you where you stand. No cost, no obligation, and any lending is subject to approval and your circumstances.

Book a 15-min chat1300 813 113
The Quantum Finance broking team at their West Leederville office in Perth
Gavin Harrigan at his desk at the Quantum Finance office in West Leederville, industry awards on the wall behind him

Why choose us as a professional borrower

Each lender keeps its own list, so somebody should check them all

Every point below is a consequence of how this business is owned, not a slogan about service.

  • Included

    No franchise, no head office quota

    We do not pay a franchise fee, so nobody upstairs sets a monthly target for us to hit. That removes the main reason a broker recommends the wrong loan.

  • Included

    No lender owns a share of us

    The banks have no stake in this business and no claim on where files go. Your bank has one loan to sell you. We do not.

  • Included

    40+ lenders, one shortlist

    We compare 40+ bank and non-bank lenders, then explain why the shortlist looks the way it does. Policy differences decide more applications than rate does.

  • Included

    We will tell you when the answer is no

    If refinancing does not actually save you money, we say so and you leave the loan where it is. A wrong loan costs more than the fee it earns.

  • Included

    The same broker after settlement

    You keep dealing with the person who wrote the loan. We review it as rates and your circumstances change, not once and then never again.

Book a 15-min chat

What our clients say

In their words, not ours

Reviews left by people we have settled home loans for, pulled straight from the platform they were written on.

Our lender panel for professionals

Occupation policy is set lender by lender. We compare 40+

Major banks, second-tier banks and non-bank lenders, each with its own view of your occupation. MoneyQuest gives us access to the panel, and 21+ years of writing home loans tells us where to look first.

  • ANZ
  • Commonwealth Bank
  • NAB
  • Westpac
  • St.George
  • Bankwest
  • Suncorp Bank
  • ING
  • Citi
  • Macquarie
  • AMP
  • ME Bank
  • P&N Bank
  • Firstmac
  • Homeloans
  • La Trobe Financial
  • Liberty
  • Pepper Money
  • Bluestone
  • PLAN Lending

A selection of the lenders we are accredited with. Ask us who else is on the panel for your situation.

Our home loan guides

Read one before you talk to a lender

Plain-English answers on borrowing capacity, the WA grant with every figure dated to its source, and what pre-approval is worth. Each one carries a broker's name.

See all loan guides

Meet our Perth mortgage brokers

You get a broker, not a call centre

Three people, all named, all reachable. The person who checks your occupation is the person who submits the application and the person who reviews it later.

  • Gavin Harrigan, Managing Director of Quantum Finance Australia in Perth

    Gavin Harrigan

    Managing Director

    Broking since 2005, four-time Top 100 broker and a PLAN Australia Hall of Fame member.

    • Bachelor of Commerce, Applied Finance and Commercial Law, Curtin University
    • Diploma of Finance and Mortgage Broking Management, AAMC Training Group
    • PLAN Australia Hall of Fame member
    • Elite Broker status
    • Top 100 Brokers, four times
    Read profilefor Gavin Harrigan
  • Justin Richardson, Loan Consultant at Quantum Finance Australia

    Justin Richardson

    Loan Consultant

    Business and law background, and a habit of making the process feel simple.

    • Bachelor of Commerce, Business Law and Marketing, Curtin University
    • Bachelor of Laws (in progress), Murdoch University
    Read profilefor Justin Richardson
  • Xavier Prescott, Loan Consultant at Quantum Finance Australia

    Xavier Prescott

    Loan Consultant

    Fresh qualifications, a competitor's discipline, and a lot of patience.

    • Diploma of Finance and Mortgage Broking Management
    Read profilefor Xavier Prescott

Common questions about home loans for professionals

What is a home loan for professionals?

It is a standard home loan written under a lender's policy for particular occupations. The most common feature is a waiver of lenders mortgage insurance for an eligible borrower who has saved less than twenty per cent. The eligible occupations and the terms are set by each lender.

Which occupations can have lenders mortgage insurance waived?

It depends on the lender. Many lenders waive it for eligible medical professionals, and each one keeps its own list, maximum loan-to-value ratio and rate. We check your occupation against the panel rather than guess from a published list.

How much could a waiver save me?

It removes the insurance premium, which could save a substantial one-off cost. The premium varies by lender, by loan size and by how far under twenty per cent you are, so no single figure fits everyone. We work out yours before you commit.

Do I still need a deposit?

Usually some, and stamp duty (called transfer duty in WA), conveyancing and other buying costs come out of the same savings. Each lender sets how much of the property's value it will lend under its occupation policy. Any loan is subject to lender approval and your circumstances.

Will I get a lower interest rate as a professional?

Not automatically. The rate offered under an occupation policy varies by lender, and a waiver is worth comparing against the whole loan, rate and fees included. We compare rates across the panel for your situation before we quote you one.

Do you arrange home loans for my occupation?

Yes. We arrange home loans for borrowers in every occupation. If a lender has a policy for your occupation, we include it in the comparison. If none does, we compare all our lenders on their normal terms.

Related home loans we arrange

What professional borrowers usually read alongside this

Most files touch more than one of these. If yours does, it is the same broker and the same conversation.

The information on this page is general in nature and does not take into account your objectives, financial situation or needs. Any figures shown are estimates only. Lending is subject to approval, and to the lender's terms, conditions, fees and charges. Consider whether the information is appropriate for you before acting on it.

Get in touch

Talk to us about your occupation and your loan

Five questions and you are done. A broker reads it, checks your occupation against the panel, and rings you back on the number you give us.

Would rather just talk?

Ringing is quicker than waiting for us to ring you, and you get a broker rather than a queue.

1300 813 113
60/110 Cambridge St, West Leederville WA 6007

Tell us what you need

Four details, about twenty seconds. We ask the rest on the call, where you can ask us things back.

An Australian mobile or landline. Overseas? Give us the number you use at home and we will work around the time difference.

Quick check

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We use these details to answer your enquiry and nothing else. In a hurry? Ring 1300 813 113 and skip the form.