Home Loan On Probation Period | New Job Mortgage

Q: Will any bank lend if I'm on probation?

Yes — many lenders accept probation. Industry continuity matters more than employer length.

Q: I just got my first Australian job. Can I buy a home?

Harder — some lenders want 6-12 months Australian PAYG. Some flexible with overseas experience.

Q: What documents do I need to provide?

Employment contract, last 2 payslips, prior employer reference, industry continuity evidence.

Q: Should I wait until probation ends to apply?

Depends on urgency. Several lenders work with early probation; waiting simplifies if no rush.

Q: Can my partner's established income help while I'm on probation?

Yes — joint applications where partner has stable income work well during probation.

Who this guide is for

Australian employees on probation at a new job who want to buy a home — including job-changers, recent migrants in their first Australian job, and graduates.

Recently changed job and on 3-6 month probation
Recent migrants in first Australian PAYG job
Recent graduates starting their first professional role
Industry-changers in the same field but new employer

The local picture

Probation periods worry some lenders — they want assurance you'll keep your job. Some banks decline outright; others accept with strong other factors. Industry continuity matters more than specific employer length.

How Mortgagefy helps locally

Mortgagefy knows which lenders accept probation period applications. We document your industry experience, contract terms, and probation-clearing pathway to support the application.

Free advice.

How it works — 4 simple steps

Free probation chat

20-minute call about your job change and target home.

Compare lender options

We identify lenders that accept probation period applications.

Application support

We document your employment continuity and submit end to end.

Settle into your home

You move in even while on probation.

Frequently asked questions

Will any bank lend if I'm on probation?

Yes — many lenders accept probation period applications, especially if you've been in the same industry/role-type for 12+ months prior. Some require firm employment for 3+ months.

I just got my first Australian job. Can I buy a home?

Possible but harder. Some lenders want 6-12 months of Australian PAYG income before approving. Combined with overseas experience documentation, others are more flexible.

What documents do I need to provide?

Employment contract showing role, salary, probation period. Last 2 payslips from new job. Reference letter from previous employer if relevant. Industry continuity evidence.

Should I wait until probation ends to apply?

Depends on timeline. If you're only a month or two into probation and there's urgency on the property, several lenders will work with you. Otherwise waiting simplifies the process.

Can my partner's established income help while I'm on probation?

Yes significantly — joint applications where one partner has stable employment and the other is on probation are commonly accepted. The stable income drives serviceability.

Talk to us about probation period home loans

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Home Loan On Probation Period: For New Employees Wanting to Buy