At Mortgage Street, we recognise the strength and stability that comes with working in the Commonwealth Government. That’s why we provide lending options specifically structured to suit the unique financial profiles of government employees — delivering smoother approvals, more competitive rates, and flexible loan features.
Why Government Employment Matters
Employment in the Commonwealth Government is viewed as low risk by lenders due to consistent income, secure contracts, and long-term tenure. At Mortgage Street, we’ve developed mortgage products that reward this reliability with
- Enhanced borrowing power
- Quicker turnarounds
- Tailored lending support
Benefits to Borrowers (Commonwealth Government Employees)
Faster Approval Times
Borrowers employed in the Commonwealth Government typically experience quicker processing due to reliable PAYG income and clear employment documentation.
Higher Borrowing Capacity
Employment certainty can improve serviceability and allow access to more competitive loan terms.
Tailored Loan Options
Flexible mortgage structures can be aligned with salary packaging arrangements, income cycles, and financial goals commonly seen in government employment.
Discounted Risk Margins
As low-risk applicants, Commonwealth Government borrowers may be eligible for reduced interest rates or waived fees compared to standard applicants.
Ongoing Support
Public sector clients benefit from expert guidance throughout the mortgage process, with lenders who understand the nuances of government income streams and entitlements.
Benefits to Mortgage Brokers
Higher Conversion Rates – Government-employed clients are easier to qualify, resulting in faster submissions and more approvals.
Lower Documentation Hurdles – Streamlined processes due to clean, consistent PAYG employment history.
Broker-Friendly Assessment Process – Direct broker support and guidance from a lender who understands how to package Commonwealth Government deals effectively.
Access to Exclusive Products – Offer your clients tailored loan options like Ultra Prime, Super Prime, Premium, Optimax, Tolerant, Progressive, Receptive & Liberal
Strong Retention and Relationship Building – Servicing a low-risk borrower base helps brokers build long-term client relationships with less churn.
Partner with a Lender Who Understands
If you’re a mortgage broker working with Common wealth Government employees — or looking to — Mortgage Street is your ideal lending partner.
- Become an Accredited Broker Today
- Offer Government Clients a Smarter Lending Option
As Australia’s premier alternative lending solution, our mission is to empower our brokers to achieve their goals
Our goal at Mortgage Street is to provide you your customers with first-class service and innovative products to help you deliver solutions to your clients who don’t fit traditional lending criteria. But if your clients don’t qualify for a bank loan, Mortgage Street can always find alternatives. With 24 mortgage options available, we can help your customers find the right fit for their unique situation.
7 reasons why you should work with Mortgage Street
Mortgage Street is committed to providing a modern, efficient service to our clients. By distributing home loans through professional Australian mortgage brokers, we can offer a convenient and streamlined digital process that allows you to apply for a loan, submit documents, and track the progress of your application from the comfort of your own home.
Mortgage Street is committed to providing a modern, efficient service to our clients. By distributing home loans through professional Australian mortgage brokers, we can offer a convenient and streamlined digital process that allows you to apply for a loan, submit documents, and track the progress of your application from the comfort of your own home.
Mortgage Street is committed to providing a modern, efficient service to our clients. By distributing home loans through professional Australian mortgage brokers, we can offer a convenient and streamlined digital process that allows you to apply for a loan, submit documents, and track the progress of your application from the comfort of your own home.
A Mortgage Street accredited mortgage broker can help you to maximise your borrowing capacity by advising on the best loan structure and providing guidance on how to strengthen your application. This can be helpful if you have a complex financial situation or are self-employed.
If you are planning to purchase an investment property, a Mortgage Street accredited mortgage broker can help you understand the tax implications of negative gearing and advise on the best home loan options to suit your goals.
A Mortgage Street accredited Mortgage brokers have access to a wide range of lenders, including those that may consider larger loan amounts. This can be especially useful if you are looking to purchase a more expensive property or undertake extensive renovations.
Many lenders require mortgage insurance for home loans with a loan-to-value ratio (LVR) of over 80%. By working with a Mortgage Street accredited mortgage broker, you may access lenders that do not require mortgage insurance up to an LVR of 85%, saving you money on your loan.
To help you find what you’re looking for, we’ve grouped our lending criteria into key categories.
Turbo charge your application for faster turnaround times
Mortgage Street focuses on what you and your customer needs.Submit a scenario now and we’ll help you every step of the way
Helpful guides & forms
- MSt 001 Customer Information Collection
- MSt 002 Payroll Authority form
- MSt 003 Loan Scenario form
- MSt 007 Applicant details verification
- MSt 011 Lo-Doc Declaration Accountants Verification
- MSt 012 Full Partial Discharge Authority
- MSt 013 Rate Review Form
- MSt 014 Gift Declaration Form
- MSt 015 Direct Debit Request
- MSt 028 Buying Your First House
- MSt 063 Bespoke broker premium
- MSt 067 Everyday transaction account
- Loan Application Documentation Checklist
- MSt 134 Request for Hardship Assistance
Don’t let your unique situation hold you back, explore the all mortgage options offered by Mortgage Street.
Good Borrowers
Specialist loan
Relocation loan
Convenient calculators
FAQ
Do Commonwealth Government employees receive special home loan benefits?
Yes, many lenders consider Commonwealth Government employees as low-risk borrowers due to their stable employment and reliable income. This often translates to benefits such as discounted interest rates, reduced fees, and more flexible lending criteria.
Is it possible for government employees to avoid paying Lenders Mortgage Insurance (LMI)?
In certain cases, yes. Some lenders offer LMI waivers for eligible government employees, allowing them to borrow up to 85% of the property's value without incurring LMI costs. This can result in significant savings.
Can salary packaging be considered in loan assessments for government employees?
Absolutely. Lenders often take into account salary packaging arrangements, including fringe benefits, when assessing a government employee's borrowing capacity. This can enhance the amount they are eligible to borrow
How does government employment impact the mortgage approval process?
Government employment is often viewed favourably by lenders due to its stability. This can lead to a smoother approval process, with less stringent documentation requirements and potentially faster turnaround times.
What documentation is typically required from government employees when applying for a home loan?
Government employees usually need to provide recent payslips, evidence of employment (such as an employment contract), and details of any salary packaging arrangements. A clear credit history is also essential.
How can mortgage brokers assist Commonwealth Government employees in securing a home loan?
Mortgage brokers can leverage their knowledge of lender policies and access to a broad range of loan products to find options that best suit government employees. They can also guide clients through the application process, ensuring all necessary documentation is in order.
Broker Support
Monday to Friday 9am – 5pm (Sydney time)
Frequently Asked Mortgage Product Questions
Key points
+LVR stands for the loan-to-value ratio. LVR is the amount of your loan compared to the Bank’s valuation of your property offered to secure your loan expressed as a percentage. Home loan rates for new loans are set based on the initial LVR and won’t change during the life of the loan as the LVR changes.
*Comparison rate: The comparison rate is based on a loan of $150,000 over the term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Loan applications, refinances and balloon amounts are subject to credit assessment.
Conditions, credit criteria, fees and charges apply. Based on Mortgage Street’s credit criteria, residential lending is not available for Non-Australian resident borrowers. Interest rates subject to change. Before making a decision, it’s best to read the terms and conditions.