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Electrician

Electrician ABN Home Loan Australia: Real Lending for Electrical Trade

Q: I'm sole trader electrician on ABN. Will banks lend?

Yes — through specialist lenders. 2 years BAS + tax returns required.

Q: I subcontract to a builder. How is that assessed?

Treated as trade ABN income. Some want 12+ months single contract; others 2 years overall.

Q: My equipment loans hurt my borrowing. What can I do?

Some lenders treat business equipment loans differently. We choose those lenders.

Q: How much can I borrow on $110K electrician net income?

On $110K net + 20% deposit: typically $750K–$900K.

Q: How much deposit will I need?

15–20% typical with specialist lenders. 10% with LMI possible.

Mortgagefy Broker Team · Published 2026-04-29 · Last reviewed 2026-04-29

Sole-trader electrician on ABN, small electrical business, contracted to construction sites — Mortgagefy knows lenders who handle electrical trade income properly.

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Who this guide is for

Australian electricians on ABN — sole traders, small business owners, subcontractors — wanting home loans that recognise trade income.

Sole trader electricians with their own residential client base
Subcontracted electricians working construction sites
Small electrical companies with 1–5 employees
South Asian electricians needing cultural support

The real challenge

Electrical trade ABN income shares challenges with other trade businesses. Major banks struggle with day-rate or job-rate income, equipment depreciation, and seasonal work patterns. Tax returns often understate cash flow capacity.

Specialist lenders treat electrician ABN income similarly to other small business income with 2+ years' history.

How Mortgagefy helps

Mortgagefy works with lenders comfortable with electrical trade income. We document trading consistency, apply add-backs for equipment depreciation, and identify lenders flexible with sole trader trade structures.

Free advice.

How it works — 4 simple steps

Free electrician chat

20-minute call about your structure, BAS, income and target home.

Compare lender options

We identify lenders that maximise electrician ABN borrowing.

Application package

We compile your tax returns, BAS, business statements and supporting documents.

Settle your home

Approval through to settlement with ongoing support.

Frequently asked questions

I'm sole trader electrician on ABN. Will banks lend?

Yes — through specialist lenders. With 2 years of BAS and tax returns, sole trader electricians are treated similarly to other trade business income.

I subcontract to a builder. How is that assessed?

Subcontract income is treated as trade ABN income. Some lenders prefer 12+ months on a single contract; others look at 2 years of overall subcontracting history.

My equipment loans hurt my borrowing. What can I do?

Some lenders treat business-purpose equipment loans differently from personal debt — reducing the impact on home loan capacity. We choose those lenders.

How much can I borrow on $110K electrician net income?

For an electrician on $110K net (after expenses) with 20% deposit, $750K–$900K borrowing is commonly achievable.

How much deposit will I need?

Specialist lenders typically want 15–20% deposit for trade ABN applications. Some allow 10% with LMI for stronger applicants.

Get an electrician ABN home loan assessment

Free 20-minute call about your real options as an electrician.

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