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Private Tutor

Private Tutor Home Loan Australia: Real Lending for Education Freelancers

Mortgagefy Broker Team · Published · Last reviewed

Private tutoring on ABN, multiple students, term-based income, subject specialist work — Mortgagefy knows lenders who handle tutor income properly.

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Who this guide is for

Australian private tutors on ABN — academic, music, language, sports tutors — wanting home loans that recognise tutoring freelance income.

  • Academic tutors specialising in HSC, primary or university subjects
  • Music tutors (piano, violin, guitar, voice) with private studios
  • Language tutors (Bengali, Urdu, Hindi, Tamil, Arabic etc) serving multicultural Sydney
  • South Asian tutors with established student bases

The real challenge

Tutor income is project-based and term-based — peaks in school terms and HSC season, quieter in holidays. Major banks struggle with this pattern.

Specialist lenders use annual BAS and tax returns to smooth term-based variation.

How Mortgagefy helps

Mortgagefy works with lenders comfortable with tutor income. We document trading consistency and identify lenders flexible with tutoring ABN structures.

Free advice.

How it works — 4 simple steps

1

Free tutor chat

20-minute call about your tutoring structure, students, BAS history.

2

Compare lender options

We identify lenders that work for tutor freelance income.

3

Application package

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

4

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.

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

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Sydney mortgage broker — Specialist in self-employed and unconventional income loans

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