Who FIFO Home Loans Are Suitable For
This may be the right path if you:
- Work in mining, oil and gas, construction, or infrastructure on a FIFO roster
- Receive site allowances or living-away-from-home allowances as part of your pay
- Are employed under a fixed-term contract with a resource sector company
- Have gaps in your employment history due to roster cycles
- Have been declined or uncertain after approaching a bank directly
Whether you’re buying your first home, upgrading, or adding an investment property, the structure of your application matters and we know how to structure it.
Can You Qualify for a FIFO Home Loan?
Yes, and often for more than you might expect. Lenders assess FIFO borrowers based on a range of factors:
- Your total verifiable income (base + allowances)
- Employment history and contract type
- Deposit size, a larger deposit improves your options
- Credit history
- Type and value of the property
Some lenders will include site and travel allowances in your borrowing capacity calculation. Others won’t. We know who does what and we put you in front of the right one.
How the Process Works
- Initial review: we assess your income, documents, and goals
- Lender matching: we identify lenders experienced with FIFO income assessment
- Application preparation: we structure your file for the strongest possible outcome
- Pre-approval: get conditional approval before you commit to a purchase
- Formal approval and settlement: we manage the process through to handover
We handle the complexity so you don’t have to be especially useful when you’re on a roster and not always available during business hours.
What Documents You’ll Need
Every lender is different, but you’ll generally need to provide:
- Recent payslips showing your base salary and allowances
- Employment contract or letter confirming your FIFO role
- Two years of tax returns and group certificates (ATO income summary)
- Three to six months of bank statements
- Details of any existing debts or liabilities
If you’re between contracts or have recently changed employers, we’ll advise you on how to present your situation to lenders most effectively.
How We Help FIFO Workers in Perth
Not every broker knows how to handle FIFO income. We do. Our role is to:
- Compare lenders experienced with FIFO and resource sector employment
- Assess your full income not just your base salary
- Structure your application to reflect your actual financial position
- Manage the process from start to settlement, even when you’re on site
We work with a broad panel of lenders, which means more options and better-fit solutions, not just whatever one bank decides on the day.
Speak With a FIFO Home Loan Specialist in Perth
Your income is strong. You deserve a loan that reflects that. Call us or book a time to speak with our team. We’ll tell you exactly what you can borrow and how to get there.
We’re Here to Help
Contact our team if you have questions about FIFO home loans or other lending options. Call us, book a time to speak, or send us an email.