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Public Home Loans specialises in helping public servants across Australia access investment loans that suit their financial position and long-term goals. Whether you are purchasing your first investment property or adding to an existing portfolio, our finance and mortgage brokers work with a wide panel of banks and lenders to find the right loan structure for you. Investment loans for public servants come with a number of advantages that are not always available to other borrowers, and understanding those advantages is the first step toward building real wealth through property.
Lenders view public servants favourably when assessing applications for investment loans for public servants. Stable income, permanent employment, and a consistent employment history all contribute to a stronger borrowing position. Many lenders apply professional package discounts to investment loans for public servants, which can reduce the interest rate applied to your loan and lower your ongoing repayments.
One of the most significant benefits available through select lenders is the LMI waiver at 80% loan-to-value ratio (LVR) for investment properties. This means eligible public servants can borrow up to 80% of the property value without paying Lenders Mortgage Insurance, which can save thousands of dollars. Government employee rate discounts still apply at 80% LVR regardless of whether LMI is involved, making LMI waivers for public servants one of the most valuable features to explore before applying.
Investment loans for public servants are available in a range of structures, and choosing the right one depends on your goals, cash flow, and tax position. The two primary rate types are variable and fixed. A variable rate investment loan moves with market conditions, while a fixed rate locks in your repayments for a set period, which can assist with budgeting.
Repayment structure is another key decision. Interest-only loans for investment properties allow you to pay only the interest component for a set term, which reduces your monthly outgoings and can support a negative gearing strategy. Principal and interest repayments reduce your loan balance over time and build equity more quickly. Both approaches have merit depending on your overall investment plan.
Using existing home equity as a deposit for an investment property is a common and practical approach for public servants who already own their home. Negative gearing, where the costs of holding the property exceed the rental income, can provide tax benefits that improve the overall return on your investment. Rental yield, which is the annual rental income expressed as a percentage of the property value, is a key measure of how well a property performs as an investment. Our finance and mortgage brokers can help you assess all of these factors when considering investment loans for public servants.
Your borrowing capacity for investment loans for public servants is assessed based on your income, existing debts, living expenses, and the rental income the property is expected to generate. Lenders typically include 80% of the gross rental income when calculating your serviceability, which means the rental income from the property contributes to your ability to service the loan.
LVR limits for investment properties vary by lender. Most lenders will lend up to 80% LVR for investment purposes without LMI, and some will go higher with LMI in place. Your borrowing capacity will also be influenced by whether you are applying for an interest-only or principal and interest loan, as lenders assess these differently. Use the borrowing capacity calculator on this page to get an initial estimate, or book an appointment with our team for a thorough assessment tailored to your circumstances.
Public servants looking to expand their property portfolio should also consider how each additional property affects their overall borrowing position. Our brokers can model different scenarios to show how your portfolio could grow over time while keeping your finances manageable.
Investment loans for public servants are not one-size-fits-all. The right structure depends on whether you are focused on capital growth, rental income, or a combination of both. Properties such as townhouses, apartments, and standalone dwellings each carry different yield and growth profiles, and your loan structure should reflect your chosen strategy.
Stamp duty, ongoing holding costs, and property management fees all affect the net return on your investment. Our finance and mortgage brokers take these into account when helping you plan your investment loan. For public servants considering refinancing an existing investment loan, there may also be opportunities to access a lower rate or release equity for the next purchase.
If you are new to property investment, our guide on buying your first investment property covers the key steps and considerations in plain language. Public Home Loans is here to support you through every stage of the process, from initial planning through to settlement and beyond.
The process for securing investment loans for public servants begins with a thorough consultation with your mortgage broker. Your broker will discuss your property goals, review your current financial position, and explain the loan options available to you. This initial conversation sets the foundation for identifying the right loan structure and lender. It is also the right time to ask about LMI waivers, rate discounts, and any government employee benefits that may apply to your situation.
Your broker will conduct a detailed assessment of your income, expenses, assets, debts, credit history, and any existing property equity. This review is essential for determining your borrowing capacity and the maximum loan amount you can pursue for your investment property. Key concepts such as loan-to-value ratio (LVR), interest rate discounts, and Lenders Mortgage Insurance (LMI) requirements will be explained in the context of your specific circumstances.
Following the financial review, your broker will compare loan products from multiple lenders, taking into account interest rates, fees, repayment structures, and available features. The differences between fixed and variable interest rates will be outlined so you can understand how each option affects your repayments over time. The goal is to identify an investment loan that aligns with your strategy, whether that is interest-only for cash flow purposes or principal and interest to build equity.
Obtaining pre-approval is an important milestone when applying for investment loans for public servants. Pre-approval gives you a clear picture of your borrowing capacity and allows you to approach the property market with confidence. It also strengthens your position when making an offer, as it signals to vendors that your finance is in order. Getting loan pre-approval early in the process means you can act quickly when the right property becomes available.
Once you have selected your preferred loan product and identified a property, your broker will manage the formal application on your behalf. This includes gathering all required documentation such as payslips, bank statements, and tax returns, and lodging the application with the chosen lender. Your broker will maintain regular contact with the lender throughout the assessment period and keep you informed of progress.
When your investment loan is approved, your broker will guide you through the loan contract and ensure you understand all terms and conditions before signing. This stage also involves arranging any required insurance coverage and setting up your repayment schedule. Your broker will confirm that the loan structure continues to reflect your investment goals and that you are comfortable with the ongoing obligations.
Settlement is the final stage, when loan funds are released and legal ownership of the investment property transfers to you. It is advisable to engage a solicitor or conveyancer to manage the transfer process and ensure all legal requirements are met. After settlement, your lender will provide access to your loan account and regular repayments will commence. Public Home Loans remains available to support you after settlement, including when you are ready to consider growing your investment property portfolio further.
SC
Shaun Cunningham
As a founder, getting a mortgage requires a couple more hoops to jump through, which is why I couldn't recommend Nick O'Sullivan and the Azura team more highly. Not only were they able to offer a seamless process, but Nick was also patient with us as we changed our minds about when to buy (over a period of years!). The truth is anyone can approach a bank and get a mortgage, but when things don't go perfectly (e.g. abrupt government changes), that's when you want a pro on your team like Nick.
VT
Van Tran
Nick and the team at Azura Financial exceeded our expectations at every step. Their guidance was clear, their expertise was evident, and they handled every financial detail with care — giving us complete peace of mind throughout the process. We couldn't have asked for a better team by our side. Thank you very much, V&V.
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sarah ander
As a first home buyer, Carl and the team at Azura were incredibly helpful throughout the whole process. They made everything feel straightforward and were always there to answer any questions along the way. I’ve already recommended them to friends and would highly recommend them to anyone looking to get a mortgage!
AP
Alannah Paige
I am a first home buyer and had Carl as my mortgage broker. He worked diligently to follow up any issues or questions I had and made the process as smooth as it could. I highly recommend! Thank you Carl.
PW
Philip Woods
Carl and team were absolutely impressive with their attentiveness to answering questions no matter how stupid they were. The urgency they put into attending to timelines and requests was superb. I would recommend them without hesitation.
めめん
Nick was amazing to work with. He's easygoing, quick to reply, and genuinely a very competent broker. He made my loan possible and secured a great deal for me. Highly recommend:)
C
Carina
Nick O’Sullivan helped me with my first investment property purchase last year. As it was my first time, I had plenty of questions, but he was always happy to help and made the whole process seamless. I recently used Nick again to refinance my loan and secure a great interest rate, and once again everything was handled smoothly and efficiently. I highly recommend Nick and his team and look forward to working with them again in the future.
JS
Joey Shatari
The ONLY broker i will use in the future is Carl Elsass. That is all.
MH
Menefrida Horbino
Nick made the entire mortgage process seamless and stress-free. He was incredibly knowledgeable, responsive, and took the time to explain every step clearly. We always felt supported and confident in our decisions thanks to his guidance. Highly recommend Nick to anyone looking for a reliable and trustworthy mortgage broker
Absolutely. While we specialise in home loans for public servants, we also assist with refinancing, investment property loans, construction loans, land purchases, and car loans. We understand the financial needs of teachers, nurses, police officers, and other public sector workers and can tailor loan solutions to suit your employment structure and benefits.
Yes. Government pay scales offer predictable, incremental increases, which many lenders see as a sign of long-term financial stability. This can positively influence both your borrowing capacity and loan approval prospects.
Yes. As a public servant, you may qualify for various state and federal initiatives such as the First Home Guarantee or stamp duty concessions. We stay up to date with all relevant schemes and will help you understand what’s available based on your circumstances.
We support current and former employees in all areas of public service, including education, healthcare, emergency services, defence, and government departments at the federal, state, and local levels. We understand the job stability, pay structure, and allowances common in these roles and can leverage that to your advantage when applying for a loan.
You'll typically need payslips, a recent group certificate or tax return, bank statements, and ID. If you're on a government salary, have salary packaging, or receive additional allowances, we know how to present these to lenders to demonstrate your full income potential. We’ll give you a checklist tailored to your role.
Yes. Many public servants, especially in healthcare and education, use salary packaging or receive fringe benefits. We understand how different lenders assess packaged income and can help ensure your full income potential is recognised in your loan application.
Yes. We’re familiar with the pay scales, entitlements, and allowances common across federal departments like the ATO, NDIA, Services Australia, and Centrelink. This insight allows us to present your income accurately to lenders and maximise your borrowing potential.
Yes, we often help clients access features like waived LMI for eligible professionals (e.g. nurses or police officers), interest-only repayments for investors, or offset accounts for better cash flow. We’ll help structure a loan that complements your long-term financial goals.
Yes. If you’ve received a formal job offer or contract from a government department in another state, many lenders will accept this as proof of future income. We can help you secure pre-approval before you move, so you’re ready to purchase when the time is right.
Definitely. Many of our clients apply jointly with spouses, siblings, or partners who also work in the public sector. We know how to structure these applications to combine incomes, strengthen the case for approval, and explore any joint eligibility for government support schemes.
Trustee for the O'Sullivan Family Trust ABN: 29 235 649 437, Credit Representative #482294 and is authorised under Australian Credit Licence 389328..
Disclaimer: This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances. Names & Locations of users have been changed to protect their privacy and are illustrative only.
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