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South Asian Uber driver home loan borrowing capacity Sydney
Quick Answer

How Much Can an Uber Driver Borrow on a Home Loan?

Mortgagefy Broker Team · Published · Last reviewed

Full-time Uber driver on $80K-$100K with 20% deposit can borrow $400K-$550K through specialist lenders that accept rideshare income.

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Who this guide is for

Sydney Uber and rideshare drivers wanting to know real borrowing capacity from lenders that actually accept rideshare income.

The local picture

Major banks default to declining Uber driver applications. Specialist lenders accept rideshare income but with specific documentation. Borrowing capacity depends on net income (after expenses), not gross.

How Mortgagefy helps locally

Mortgagefy specialises in rideshare income. We model your actual borrowing capacity based on BAS, expenses, and the right specialist lender.

Free advice.

How it works — 4 simple steps

1

Free Uber driver chat

20-minute call about your platforms, BAS, deposit.

2

Compare specialist lenders

We identify lenders accepting rideshare income.

3

Application package

We compile BAS, statements, supporting documents.

4

Settle your home

You move in via specialist Uber-friendly lender.

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 your real Uber driver borrowing capacity

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