Lending Solutions with Apollo Home Loans

Many borrowers assume that if they don’t meet standard lending criteria, they won’t qualify for a home loan. However, some specialist lenders offer flexible policies that can help borrowers succeed where traditional lenders may decline.

One example is Apollo, a lender known for practical lending solutions that offers niche policy options, which are exclusively available through mortgage brokers and can make a significant difference to your borrowing power.

HECS/HELP Debt Exclusion

For many professionals, HECS/HELP debt can significantly reduce borrowing capacity because lenders include the repayment obligations when calculating serviceability.

Apollo offers a more flexible approach.

HECS/HELP debt may be excluded from serviceability calculations if:

• The borrower has an ATO repayment plan in place

• The repayment plan shows the debt will be fully repaid within 12 months

• The borrower is not accruing additional HECS/HELP debt

This can substantially improve borrowing capacity, particularly for:

• Young professionals

• University graduates

• Medical professionals

• Teachers

• Engineers

Bonus Income Assessment

Many lenders apply strict rules when assessing bonus income, often using reduced percentages or excluding it entirely.

Apollo offers a more practical approach to bonus income.

Apollo may accept:

• 100% of bonus income if received for two consecutive years

or

• 80% of Year 1 bonus income if the borrower remains in the same industry

This policy can be particularly helpful for borrowers who receive:

• Performance bonuses

• Commission income

• Corporate incentives

• Sales-based income

Using more of your bonus income can significantly increase borrowing capacity.

Why Specialist Policies Matter

Different lenders assess applications differently.

While major banks tend to follow strict servicing models, specialist lenders may offer policy solutions that better reflect real financial situations.

This is why working with a mortgage broker can help uncover lending options that many borrowers never hear about.

Could Apollo Help You?

If you have HECS/HELP debt or rely on bonus income, you may have more options than you think.

A lender with flexible assessment policies may help you achieve your borrowing goals even if traditional lenders have said no.

Contact us today to find out if you qualify.