Rated 5 from 57 Reviews
Public Home Loans understands the unique needs of public servants in Australia, particularly when it comes to buying a home. Our team of experienced mortgage brokers is dedicated to helping you access the best home loan options from banks and lenders across the country. One of the most significant advantages available to public servants is the potential to benefit from lenders mortgage insurance (LMI) waivers. This opportunity can significantly impact your financial situation by reducing the costs associated with purchasing a home.
Lenders mortgage insurance is usually charged on loans above 80% loan to value ratio (LVR). It is an insurance premium where you pay to cover the risk of the lender who lends you money. This one-off insurance payment can be paid upfront or included in the loan amount. However, certain professions, including public servants, may be eligible for LMI special waivers, allowing you to borrow up to 85% LVR on your property without taking LMI. This benefit can make a substantial difference in your home-buying journey, reducing the overall cost and potentially increasing your borrowing capacity.
For public servants, accessing LMI waivers can provide significant financial relief. By avoiding the need for this insurance premium, you can save a considerable amount of money that would otherwise be spent on covering lender risks. This saving can be redirected towards other aspects of your home purchase or even help in achieving a more favourable interest rate on your loan. Our mortgage brokers are well-versed in identifying and securing these waivers, ensuring you take full advantage of any discounts or special LMI offers available.
Understanding the intricacies of applying for a home loan can be challenging. Public Home Loans is here to guide you through every step of the process. From getting pre-approved to understanding your borrowing capacity, our mortgage brokers will help you navigate the property market with confidence. We ensure that you have a clear understanding of your home loan options, including interest rate discounts and how to calculate home loan repayments effectively.
When considering a home loan, it's essential to evaluate various factors such as your credit history, loan amount, and home loan interest rate. By working with our team, you can explore options that align with your financial goals and circumstances. Public Home Loans provides access to a diverse range of home loan products, helping you find the right fit for your needs. Our expertise in securing LMI waivers for public servants further enhances your ability to secure a favourable deal.
An offset account is another feature that can benefit public servants when managing their home loans. By linking this account to your mortgage, you can reduce the amount of interest you pay over time, leading to potential savings. Our mortgage brokers can explain how this works and help you determine if it aligns with your financial strategy.
Public Home Loans is committed to making the home-buying process as smooth as possible for public servants. By leveraging our knowledge of LMI waivers, we ensure that you have access to the most advantageous home loan options available. Whether you're looking to buy your first home or expand your property portfolio, our team is here to support you every step of the way.
If you're ready to explore your home loan options and take advantage of LMI waivers for public servants, contact Public Home Loans today. Our dedicated mortgage brokers are eager to assist you in achieving your home ownership goals while maximising your financial benefits. Let us help you make informed decisions and secure a home loan that suits your unique needs.
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Louise Griffiths
Carl and the team have been fantastic. I've used them twice - for my first home purchase and again more recently for a refinance. I both highly recommend them and would use them again.
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Jared Ridler
Big thanks to Carl for your help through the process! Made it all a breeze with clear quick communication and got us into our new home!
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Assad Hamid
My unconditional approval was rejected just two days before settlement in Aug 2025, and you can imagine the pressure at that stage. Luckily My team refer me to Azura Team and there I e- meet Mr. Carl Elsass. He took the case under his wings and after submitting requested documents in just two days I got unconditional approval and also refinance of one of my unit to make the settlement possible. He really did the work like he is doing for himself. This is only I can feel through out the process. I definitely recommend Azura for their dedicated support and very soon I will be getting into the next one. Thanks Azura for helping the community.
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Ingrid Rollero
Carl and the team are very quick and efficient. Have been them for a few years and happy to recommend to anyone!
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Elizabeth Bottomley
Carl Elsass was a wonderful help to my husband and I as we bought our first property. Carl was very responsive, knowledgeable and guided us through the process with great care and attention to detail. We would highly recommend using Azura ...
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Kirsten Turco
Nick gave us a friendly service & was extremely helpful. Highly recommended!
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Harry
Working with Nick to purchase our first home was a seamless experience. His knowledge of the market was exceptional and was quick to respond to all our questions. I wouldn’t hesitate to recommend his services. Thanks Nick!
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claudia alvarez
I was extremely pleased by the service provided from Carl Elsass. He was very helpful and very clear by explaining every aspect of the mortgage process. From start to finish, He attended to all the documents required as well as arranging a suitable loan within a very short period with my minimum involvement. Thank you! Claudia Marcela
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Javier Gómez
Carl was really helpful and patient, took its time to understand my situations and provided great advice and options in order for me to make the right decision.
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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