My gym has equipment loans. Does that hurt my home loan?

Yes — but some lenders treat business equipment loans differently from personal debt.

I own a franchise gym (F45, etc). Does franchise structure help?

Indirectly — franchises have membership stability that lenders prefer.

My fit-out depreciation reduces taxable income significantly. Anything I can do?

Some lenders add back depreciation. We choose those lenders.

How much can I borrow as a gym owner on $130K net?

On $130K net + 20% deposit: typically $850K–$1.05M.

I want to buy property to lease to my gym business. Possible?

Yes — commercial property finance, sometimes through SMSF. We advise on both.

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Gym Owner

Fitness Gym Owner Home Loan Australia: Lending for Fitness Business Owners

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

You run a gym or fitness studio — strong business but variable income, equipment loans, membership cycles. Mortgagefy knows lenders who handle gym owner income properly.

Start Your Free Assessment 0432 634 648

Who this guide is for

Australian fitness business owners — gym franchise owners, independent studio owners, boutique fitness — wanting home loans on business owner income.

Independent gym owners with established membership bases
Franchise gym owners (F45, Anytime Fitness, etc) with corporate support
Boutique studio owners (yoga, pilates, CrossFit, boxing)
South Asian gym owners serving diverse communities

The real challenge

Gym owner income faces typical small business lending challenges — equipment loans, membership cycle variability, fit-out depreciation. Major banks default to conservative assessments.

Specialist lenders treat fitness business owners similarly to other small business income with 2+ years' BAS.

How Mortgagefy helps

Mortgagefy works with lenders comfortable with gym owner income. We apply equipment depreciation add-backs where possible and identify lenders flexible with fitness business income patterns.

Free advice.

How it works — 4 simple steps

Free gym owner chat

20-minute call about your business, membership model, income and target home.

Compare lender options

We identify lenders comfortable with fitness business income.

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

We use offer letters and vesting schedules to value RSUs conservatively. We present current vesting value + projected future vesting as a 3-5 year income average. This gives lenders confidence in your income stability while accounting for market volatility.

Both. We work with W2 employees, 1099 contractors, and consultants. For contractors, we use 2 years of tax returns plus business financials. We have lenders who specialise in contractor income—they understand the variability.

Unvested options have zero value for refinancing. We count only vested equity. If you have a 4-year vest, we use 25% of the grant value (what's vested) plus a conservative projection of future vesting.

If you've been in your new role 6+ months, most lenders will refinance. We'll use your offer letter plus 6 months of pay stubs. If less than 6 months, it's harder but possible with specialist lenders.

Yes, if you have 2+ years of bonus history. We average the past 2 years and present it conservatively. Some bonuses get counted at 50% to be conservative with variable compensation.

ESPP is counted as deferred compensation. If your company matches or you have a discount, we value it as part of total compensation package.

Get a fitness gym owner home loan assessment

Free 20-minute call about your real options as a gym owner.

Start Your Free Assessment Call 0432 634 648

Get your personalised answer in 2 minutes

Free, no obligation. We'll match you with the right lender for your situation.

Model your scenarios: Use our free home loan calculators to estimate borrowing capacity, repayments, and savings.