Knowing which income types can be accepted in a home loan application can be confusing. Below is a list of income types you can use for your Unloan application and some that we don’t accept.

Employment tenure

If you're a casual, temporary or seasonal worker, you’ll need to have been employed for at least 6 months.

If you're a permanent employee, there’s no minimum time requirement - we'll just need a payslip.

Income we can accept

We accept a range of income types. Here’s what you can include in your application:

PAYG employment income

Regular base pay (full-time or part-time)
Allowances or penalty rates (e.g. weekend or shift work)
Overtime
Commissions
Bonuses

Casual or variable income

Casual job earnings
Income from temporary or seasonal work

Self-Employment income

Sole traders
Partnerships
Companies
Trusts

Additional income sources

Rental income
Government payments or pensions
Child or spousal support
Superannuation income
Investment returns

Verifying your income

If you submit an Unloan application, you’ll need to provide documents to confirm your income. These might include:

Payslips
Bank statements
Tax statements
Letters from your employer

The documents you’ll need depend on your employment type. For more details, check out our Income Verification page. Applications are subject to our credit assessment policy and process.

Ineligible income types

Workers' compensation
Income protection insurance
Foreign currency income
Scholarships
Superannuation payments from Self-Managed Superannuation Funds (SMSFs)
Credit interest on cash balances
Income from individual room rental and board
Income from proposed future investments
Guarantor income / servicing support / servicing guarantee

FAQS

What is a government payment?

A government payment or pension is money you receive from a government agency, usually Services Australia or the Department of Veterans’ Affairs. It can include things like: