As a qualified accountant, you have a lot working in your favour. Whether you're salaried, contracting, or running your own practice, lenders often view your income as secure and dependable.

That said, the median house price on the North Shore reached $2.3 million in 2025, according to SQM Research. With prices like that, you’ll want to leverage every advantage your profession offers to secure the best possible loan.

Let’s explore the steps and strategies to get your home loan approved—without the guesswork.

Why Do Lenders Prefer Accountants as Borrowers?

You work in a field that demands financial literacy and job stability, which makes you a low-risk applicant. Lenders know accountants generally understand debt, savings, and risk management.



That means you benefit from:

• Stable full-time or long-term contracting roles
• High income potential, especially in senior positions
• Professionally managed finances and budgeting habits
• Access to accountant-specific loan benefits
  
  
  

Are There Special Loan Products for Accountants?

Yes. Some lenders include accountants in their “professional borrowers” category, along with doctors and lawyers. These policies provide additional perks not offered to the general public. We know which lenders offer these and how to get you matched.

Exclusive benefits may include:

• Reduced or waived Lenders Mortgage Insurance (LMI)
• Lower interest rates through professional loan packages
• Higher loan-to-value ratio (LVR) approvals (up to 90–95%)
• Faster application turnaround

What Documents Do You Need for a Mortgage?

Your required documents depend on whether you’re employed or self-employed. Lenders want to verify consistent income and your ability to repay over time. We'll help you get everything in order to avoid delays or rejections.

For PAYG accountants:

• Two recent payslips
• Employment contract or HR letter
• Latest tax return or group certificate

For self-employed accountants or firm owners:

• Two years of business and personal tax returns
• BAS statements (if applicable)
• Profit and loss statement
• Accountant’s letter verifying income
  
  
  

How Much Can You Borrow in 2025?

This depends on your income, expenses, credit history, and deposit size. As an accountant, you’re likely to receive favourable servicing treatment due to your career and income reliability. A tailored borrowing capacity check will give you a clearer picture.

To increase your borrowing power:

• Minimise credit card limits and personal debts
• Maintain consistent savings
• Document any bonuses or additional income
• Ensure your credit score is healthy and accurate

What Loan Features Work Best for Accountants?

Accountants often prefer flexibility and interest-saving features that align with cash flow and investment planning. Your loan should support your long-term financial goals. We’ll help you structure your loan to suit your lifestyle and goals.

Key loan features to consider:

• Offset account – save on interest while growing your cash buffer
• Split loan – combine fixed and variable rates for flexibility
• Interest-only option – useful for investment or cash flow management
• Redraw facility – access extra repayments when needed

Can Accountants Buy With a Low Deposit?

Absolutely. Many lenders offer LMI waivers or discounts to professionals like you, allowing you to buy with a smaller deposit—sometimes as low as 5–10%. We'll help you determine which option suits your situation and eligibility.

Low deposit options include:

• 10% deposit with waived LMI through selected lenders
• 5% deposit under the First Home Guarantee Scheme
• Guarantor loans for first-time buyers with family assistance

Are Government Schemes Available for Accountants?

Yes. If you’re a first-home buyer or buying a new build, you may qualify for government support that reduces upfront costs and helps you enter the market sooner. You can check eligibility details on NHFIC.gov.au, or we’ll help you navigate it all.

In 2025, available schemes include:

• First Home Owner Grant (NSW) – $10,000 for new homes
• First Home Guarantee – purchase with just 5% deposit
• Stamp Duty Concessions – depending on property value and status

Which North Shore Suburbs Are Smart Buys for Accountants?

You probably value lifestyle, access to the CBD, public transport, and capital growth potential. The North Shore offers all of that—if you know where to look. We’ll help match your budget and goals to the right location.

 

Top suburbs for accountants in 2025 include:

• St Leonards – access to city offices and business hubs
• Chatswood – strong infrastructure and vibrant lifestyle
• Lane Cove – peaceful yet central with strong value
• Wahroonga – leafy, family-oriented with long-term capital growth
• Crows Nest – great cafes and a short train ride to the city

How Can You Improve Your Application Before You Apply?

Even with a great profession, lenders still assess the fine details. A clean financial profile and organised paperwork will put you in the best position to secure approval quickly. We’ll give you a full pre-application check to boost your chances.

To strengthen your application:

• Pay off small loans and reduce credit card usage
• Don’t apply for other credit products
• Maintain a strong savings pattern
• Review your credit score for errors or red flags

Why Work With a North Shore Mortgage Broker?

Your career is based on numbers and strategy - so is ours. As local mortgage experts, we help accountants structure smarter loans, access better lender deals, and fast-track the process.

With Sabea Financial, you get:

• Access to accountant-specific loan products
• Local market insight on the North Shore
• Full application management from start to settlement
• Fast, responsive support tailored to your financial goals
  
  
  

Frequently Asked Questions (FAQs)

Do accountants qualify for LMI waivers on home loans?
Yes. Many lenders waive LMI for accountants borrowing up to 90% if you meet certain income and role criteria.

Can self-employed accountants get approved easily?
Yes, with strong financials and two years of tax returns, self-employed accountants are often seen as strong applicants.

What documents do I need as an employed accountant?
You’ll need recent payslips, a contract or employment letter, and your latest tax return or group certificate.

Are accountants eligible for First Home Guarantee support?
Yes, if you meet the income and property eligibility criteria set by the NHFIC.

Can I get a home loan with a 5% deposit as an accountant?
Yes, especially under the First Home Guarantee or if you qualify for LMI waivers from select lenders.

What loan features are most helpful for accountants?
Offset accounts, split loans, and redraw facilities give you flexibility and interest savings over time.

How does Sabea Financial support accountants during the loan process?
We match your income structure with lender policies, manage paperwork, and negotiate better rates and features on your behalf.

Summary: Ready to Buy a Home as an Accountant on the North Shore?

With a strong income, stable career, and smart financial habits, you’re in a prime position to secure a home loan. Whether it’s your first home, next upgrade, or an investment property, your profession opens doors to better lending policies and exclusive deals. The key is working with the right expert who understands your goals and how to navigate lender rules.

At Sabea Financial, we specialise in home loans for accountants North Shore Sydney, offering personalised advice, access to tailored lending solutions, and full support throughout the process.

📞 Call us on 1300 001 755
Or email us on info@sabea.com.au

Let’s help you find the perfect suburb - and the right loan to make it happen.