Mortgage Broker for Teachers in Australia
- No upfront costs
- No consultation fees
- Transparent recommendations and next steps
- Full ongoing support
If you’re a teacher trying to buy a home in Australia, chances are the lending system hasn’t made it easy.
A specialist mortgage broker for teachers can change that. Education Home Loans works exclusively with teachers and education professionals, helping educators at every career stage, on every type of contract, find the right home loan and the right lender.
We’re led by Andrew Diamond, a licensed broker based in Cronulla, NSW, whose wife is a school teacher. He built this business because he saw firsthand how often educators are told ‘no’ by a lending system that doesn’t understand how the profession actually works. With access to 30+ lenders and a deep understanding of teacher employment structures, Education Home Loans exists to change that answer to ‘yes.’
- Our Specialist Education Mortgage Broker
Andrew Diamond
Andrew Diamond is a licensed mortgage broker and the Director of Education Home Loans, Australia’s specialist mortgage brokerage dedicated exclusively to teachers and education professionals.
Based in Cronulla in Sydney’s Sutherland Shire, Andrew has spent years helping educators across Australia navigate what can be one of the most challenging and confusing financial experiences of their lives: getting approved for a home loan.
What sets Andrew apart is lived experience. He is married to a school teacher and is the parent of two young children, which means he understands, personally, how busy the education life can be, and how difficult it is to stay on top of your financial position while managing lesson plans, school terms, and family.
That personal connection to the teaching profession became the foundation of Education Home Loans. Andrew built the business specifically to serve a community that too often falls through the cracks of mainstream lending, educators on casual relief lists, contract positions, or temporary placements who are told by banks that their income is ‘too unpredictable’ for a home loan.
“The great Australian dream isn’t to have a mortgage, it’s to be a homeowner. And the real goal of getting a mortgage... is to get rid of it.”
Andrew and his team work with a panel of over 30 lenders, including lenders who genuinely understand the difference between a CRT arrangement, a temporary contract, and a permanent teaching position. Because getting approved starts with finding a lender who sees your situation clearly.
- HOW ANDREW WORKS
A Broker Who Works Around Your Schedule
Andrew doesn’t run a 9-to-5 brokerage. He built Education Home Loans around the schedules of the people it serves, which means evenings, weekends, and school holidays are all fair game for a call or consultation.
Here’s how working with Andrew typically looks:
- An initial conversation, phone, video, or in person, to understand your employment situation, goals, and timeline
- A thorough review of loan options from across Andrew’s panel of 30+ lenders, specifically filtered for your employment type (casual, contract, permanent, or part-time)
- A plain-English explanation of your borrowing capacity, loan structure options, and the lenders most likely to approve your application
- Loan pre-approval so you can make offers with confidence
- End-to-end support from application through to settlement, with Andrew and his team managing the paperwork and lender communications
- Ongoing relationship beyond settlement, reviews, refinancing, and future property purchases
Whether you’re buying your first home using the First Home Guarantee or a family pledge loan, refinancing to a better rate, investing in property, or accessing equity for a renovation, Andrew’s approach is the same: understand your full picture, find the right lender, and be there until it’s done.
Role | Director & Mortgage Broker, Education Home Loans |
Business | Waves Mortgage Brokers Pty Ltd T/A Education Home Loans |
ACN | 644 755 993 |
Credit Rep. No. | 527003 / 527004 |
Credit Licence | Operates under National Mortgage Brokers (ACL 391209), a subsidiary of Liberty Financial (ACL 286596) |
Industry Body | Member, Mortgage & Finance Association of Australia (MFAA) |
Dispute Resolution | Member, Australian Financial Complaints Authority (AFCA) |
Lender Panel | 30+ leading Australian lenders |
Specialty | Home loans for teachers and education professionals |
Location | Cronulla, NSW, serving clients nationally |
- WHY A SPECIALIST MATTERS
Why Teachers Need a Specialist Broker
Most lenders assess borrowers with a one-size-fits-all approach, and teacher employment doesn’t fit that mould.
Casual relief teaching income can look irregular on paper even when it’s consistent year-round. Fixed-term contracts get treated as risky even when they’re on their fourth consecutive renewal. Income paid across school terms creates gaps on bank statements that trigger automated declines.
The result: teachers who are genuinely ready to buy are turned away, or told to wait for permanent employment that may never come.
Education Home Loans works with lenders who understand the difference. Lenders who know what a CRT arrangement looks like. Lenders who will assess your application on your actual income history, not just the label on your contract.
“You’d be amazed how many banks don’t understand how the teaching profession works. The number of clients who thought they couldn’t get a home loan until they had a permanent position, that number is higher than it should be.”
- WHY EDUCATION HOME LOANS
Why Choose Education Home Loans?
Specialist focus, not a generalist sideline
This isn’t a general brokerage that occasionally helps a teacher. Education Home Loans was built for educators, from the ground up. That means every lender on our panel, every process we follow, and every consultation we offer is shaped around the realities of teaching life.
30+ lenders. The right ones for you.
Access to a broad panel means we can match your employment situation, casual, contract, part-time, or permanent, to lenders who will genuinely consider it. Not just the lenders who make it easy for us, but the ones who are right for you.
Available when you are
Evenings. Weekends. School holidays. Andrew’s availability is built around yours. A consultation doesn’t have to wait until the next teacher-free day.
Fully licensed and industry-accredited
Education Home Loans operates under full Australian credit licensing, is a member of the Mortgage & Finance Association of Australia (MFAA), and is registered with the Australian Financial Complaints Authority (AFCA). ACN: 644 755 993. Credit Rep: 527003/527004.
“Andrew kept going until he found me a solution. He was kind and patient and went above and beyond during what was a very tough time. I couldn’t be happier to have my very own home.”
“Andrew helped me refinance and literally save thousands on interest. He was super friendly, patient, and took the time to explain everything. He genuinely wants to get the best deal for his clients.”
- WHO WE HELP
Who We Work With
Education Home Loans helps teachers and educators across every employment type and career stage:
- Teaching assistants and education support staff
- Principals, academics, TAFE instructors, and private tutors
- First home buyers, refinancers, upgraders, and property investors
- Single parents in education
How Education Home Loans Works
Working with a mortgage broker means having a qualified professional on your side, someone who does the research, compares the lenders, handles the paperwork, and advocates for your application. And it costs you nothing: brokers are paid by the lender, not the borrower.
Here’s how the Education Home Loans process typically works:
Step 1: Free Initial Consultation
Andrew or a member of his team will take the time to understand your employment situation (full-time, casual, contract, part-time), your income, your savings, your debts (including HECS), and your goals. This is a no-obligation conversation, by phone, video, or in person, and it’s available evenings and weekends to fit around your schedule.
Step 2: Borrowing Capacity Assessment
Based on your specific situation, Andrew will give you a clear picture of how much you can realistically borrow, which loan structures suit you, and what your repayments would look like across different scenarios. This step is about giving you real information, not just running a generic online calculator.
Step 3: Lender Research & Comparison
Andrew researches loan options from across his panel of 30+ lenders, specifically filtering for lenders who understand and accommodate your employment type. You’ll receive a shortlist of recommended options with interest rates, features, fees, and repayment conditions clearly explained in plain English.
Step 4: Pre-Approval
Pre-approval gives you a formal indication from a lender of how much they’ll lend, which puts you in a much stronger position when you’re ready to make an offer on a property. Andrew manages the pre-approval application from start to finish.
Step 5: Application & Settlement
Once you’ve found your property, Andrew handles the full loan application, liaising with the lender, managing documentation requirements, and keeping you updated at every stage. The goal is to make settlement as smooth and stress-free as possible.
Step 6: Ongoing Support
Education Home Loans doesn’t disappear after settlement. Andrew conducts regular loan health checks to make sure you’re still on a competitive rate, and is available to help with refinancing, investment lending, or equity access as your circumstances evolve.
Frequently Asked Questions
Can casual teachers get a home loan in Australia?
Yes, but lender choice matters. Many banks apply criteria that disadvantage casual teachers, even those with consistent income. A specialist broker identifies lenders who assess your actual income history rather than just your contract type. Casual teachers with 12+ months of steady CRT income are often in a much stronger position than they’ve been told. Education Home Loans works with 30+ lenders to find the right fit.
Do I need a permanent teaching position to get a mortgage?
No. Andrew has helped many teachers on consecutive fixed-term contracts, some on their third or fourth renewal, secure approval without waiting for permanency. The key is finding a lender who assesses your employment history rather than just the label on your current contract. That’s the job of a specialist broker.
Does my HECS or HELP debt affect my borrowing capacity?
Yes, it’s factored in as a liability by most lenders, but the impact is often less than people expect. Andrew includes your HECS/HELP balance in every borrowing capacity assessment so you get a realistic picture upfront, with no surprises. Debt consolidation strategies are also available where appropriate.
What deposit do I need as a teacher?
The standard is 20% to avoid Lenders Mortgage Insurance (LMI). But eligible teachers can access the First Home Guarantee (5% deposit, no LMI) or a family guarantor arrangement (potentially no deposit at all). Andrew will walk you through every scheme you qualify for based on your income, savings, and property goals.
Does Education Home Loans only help teachers in Sydney?
No. While Andrew is based in Cronulla in Sydney’s Sutherland Shire, Education Home Loans works with teachers across Australia. All consultations are available by phone or video, outside school hours, so distance is never a barrier.
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