So you’ve been saving up for your first home or 2020 was the year to upgrade your house, then a pandemic hits and you start receiving Jobkeeper payments. The good news is don’t fret… there’s definitely lenders out there who will accept Jobkeeper payments as income.

Jobkeeper definitely isn’t a nice word now, is it? Good news is that there’s lenders out there that don’t look at it as something negative. It’s important you let a Mortgage Broker like ourselves look after your home loan application to help you navigate the process and alleviate any stress this may cause you.

There are some things that will need to be provided with your home loan application to get them to accept your Jobkeeper payment as income:

  • You need to prove you have been receiving a regular income into your bank account (providing bank statements)
  • You’ll need to provide a letter from your employer confirming your works circumstances and why.
  • You’ll need to provide recent payslips with evidence of JobKeeper payments and previous payslips showing your usual income pre-Jobkeeper.

Banks or lenders will also ask additional Covid related questions such as:

  • Will there be any further changes to your customer’s working hours?
  • Is the JobKeeper payment they’re receiving higher or lower than their usual income.
  • If your customer’s standard working hours have been reduced, are they receiving a salary from their employer? (including JobKeeper payments).
  • Have your customer’s work hours been reduced? Or are they working at their usual pre-Covid hours?

If you are considering buying your first home, upgrading, purchasing an investment property, or refinancing – please give us a call and let’s see if we can assist!


We’re a family-owned business with around 8 staff, 15+ years experience and more than $500M of approved loans. By taking time to understand your requirements, we help make your dreams come true with caring, professional service.

Our team of specialists including Gold Coast Finance Brokers, Medical Mortgage Brokers, Varsity Lakes Mortgage Brokers, Gold Coast Mortgage Brokers and Southport Mortgage Brokers  will find the right loan for you.


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This page provides generic information only; it was created without considering your individual goals, requirements, or financial condition. Before accepting any offer or product, we advise you to think about whether it is appropriate for your situation and to assess your entire financial status. It is not intended to be legal, tax, or financial advice, and you should always obtain a professional's opinion regarding your particular situation. All loan products are subject to lender requirements and approval. Fees, terms and conditions apply.

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