Will banks count both my jobs as income?

Depends on lender. Some 100% both; others discount second job; some don't count.

I have day job + Uber side. How is rideshare income counted?

12-24 months BAS or tax returns. Combined with PAYG day job boosts borrowing.

How long do I need at the second job?

6-12 months typical. Some accept 3 months for casual.

Should I quit my second job for simpler application?

Generally no — second job income real. Find the right lender instead.

I work two healthcare jobs at different hospitals. Will banks accept that?

Yes — many lenders accept multi-employer healthcare casual.

Home Loan Refinancing

Who this guide is for

Australians working a primary job plus a secondary job (PAYG, casual, or ABN) wanting to combine income for home loan borrowing.

PAYG worker with second PAYG casual or part-time role
Day job + Uber/rideshare/delivery side hustle
Healthcare worker with two facility roles
Migrant workers building income with multiple jobs

The local picture

Two-job income is more complex for lenders. Most need 6-12 months' history of the second job to count it. Some lenders count second-job at 80%; others 100%. Some don't count it at all.

Wrong lender choice can mean $100K+ less borrowing capacity.

How Mortgagefy helps locally

Mortgagefy works with lenders that maximise two-job borrowing. We document both income streams properly, choose the lender that counts your specific second-job type best, and present applications cleanly.

Free advice.

How it works — 4 simple steps

Free two-job chat

20-minute call about both jobs, hours, history, and target home.

Compare lender options

We identify lenders that maximise two-job borrowing.

Application support

We compile payslips and supporting documents from both jobs.

Settle into your home

You move in with full income recognised.

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.

Maximise your borrowing with two-job income

Free 20-minute call about both your jobs.

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.

Home Loan With Two Jobs in Australia: Combining Income for Maximum Borrowing