Home Loans for Engineers
We save engineers an average of $40,000 on their home loans
through special interest rates and discounts
Struggling to find your first home loan as a busy IT professional? We’re here to help.
Benefits of home loans for engineers
No Lender's Mortgage
Insurance (LMI)
No Lender's Mortgage Insurance (LMI)
Larger borrowing amounts
Lower Deposit
Lower
Interest Rates
Lower Interest Rates
Discounts, Cashbacks
and Other Offers
Discount, Cashbacks, and Other Offers
Do you qualify?
Most lenders do not distinguish between the different types of engineers. All members of the industry can apply for and receive specialised home loans for engineers alongside other discounts and offers.
For some professions within the industry, lenders may have additional criteria you will need to meet in order to be eligible for their specialised loans. This usually required proof that you have a membership of a recognised association in your industry:
Your profession
Your required membership/s
Mining engineer
A current member of Engineers Australia
Surveyor
A current member of the Institution of Surveyors in the state where you work or the Surveying and Spatial Siences Institute of Australia
Mine surveyor
A current member of the Australian Institute of Mine Surveyors (AIMS)
Quantity surveyor
A current member of the Australian Institute of Quantity Surveyors
Geologist and Geophysicist
A current fellow of the Australian Institute of Geoscientists (FAIG)
Remember, different lenders require different document in order to approve your application. You may not required to be a member of these associations to be approved by some lenders, so it’s important to research the specific requirements of the lender you’re applying to before you submit your application.
If you are finding the process of gathering documentation and determining your eligibility difficult, we’ve created a checklist to help you apply for home loans for engineers.
If you’re finding the process of applying for a home loan overwhelming and time-consuming, we can help you get in touch with a broker, who can support you with your home loan application for free.
Relevant Articles
How to Pay Off Your Engineers Home Loan Faster
Paying off your home loan faster can help you save a considerable amount of money in interest and reduce the overall loan
How to Transfer Your Home Loan to Another Bank as an Engineer
Transferring a home loan from one bank to another can be a good option for engineers who are looking to save on
How to Compare and Choose the Best Home Loan for Engineers
When looking for a home loan as an engineer, it’s important to compare different lenders and their products to find the best
What benefits engineers are getting?
$4,000
Average interest yearly savings
$2,000
Cashback
$2,428
environmental charity
What benefits are IT professionals getting
with a mortgage broker
We know as an engineer your occupation can be demanding and time-consuming. Whether you’re a first home buyer, looking to refinance or interested in investing, you may feel like applying for a home laon is too overwhelming to handle on your own.
That's where a broker can help. A broker will:
- Research and Compare home loans across 30+ banks and lenders to find you the best possible deal for your current situation.
- Provide you with personalised advice relevant to your situation to help you make a confident and informed decision about your home loan.
- Assist you in developing and submitting your application to save you the hassle of researching and filling out complex paperwork.
Best of all, brokers provide these services free of charge. That's right, for free.
Once you’ve secured our home loan, we’re reimbursed by the lender you apply to for providing them with a dedicated customer who’s ready to buy.
Brokers can save your time, money and heartache
How you can find out more?
As a busy engineer, you want information and support that is relevant and readily available. Whether your’re an engineer who’s a first home buyer, looking to refiannce or wanting to invest, we have specific information ready for you to discover.
Sometimes, it’s easier to speak to someone to directly about your home loan. Get in touch with one of our brokers for personalised advice at no cost to you.
Hear from our happy customers
The team has been incredibly helpful guiding us through our home purchase. They’ve been incredibly patient, very responsive, and got us a great deal on our mortgage. On top of all that, their business model is geared toward socially responsible and ethically minded businesses/banks – something we really valued. It’s great to know our investment is doing something great for us, but also for others and the world. We would highly recommend this business and specifically Samuel, he’s just an absolute legend!
Austin
We met with the team and right from the start they listened to our goals and got us meeting with the relevant people. They were extremely proactive and found lenders to say yes when our current said no. Have used them many times and would recommend them to any small business owner who is trying to get ahead and set up an income for their future and future family. Look forward to continue to working with the whole team.
Andrea
I can’t recommend the team enough, they’re caring, savy, organise, responsive and very knowledgeable. The team really cares about you and they will always procure to get the best outcome for you. Thanks so much for your help BFG team, I can’t thank you enough.
Patrick
The team looked after myself and my Fiance when we got our home purchase. They were very down to earth, professional and really went above and beyond to help us every step of the way. They helped us, offered us support and made sure we get through things very smoothly. They answered all our questions and were always available to chat, was very proactive and always had the answers.
Reta
Highly recommended. The team is a highly professional group who helped us with a refinance. They were attentive, proactive, and knowledgeable in their service as they guided us through the transition.
Oliver
We are so happy to have been able to work with the Benevolence Financial Group Team on bringing our home ownership dreams to life. We had no idea what we were doing and whether we were even in any kind of position to purchase. They explained everything and patiently answered our many questions, talking us through every step of the process.
Jen
Panel of Banks
