Self-Employed Home Loans
Flexible policy home loans for business owners and freelancers
Self-Employed Home Loans
Flexible policy home loans for business owners and freelancers
Self-Employed Home Loans
Flexible policy home loans for business owners and freelancers
What Is a Self-Employed Home Loan?
What Is a Self-Employed Home Loan?
What Is a Self-Employed Home Loan?
A self-employed home loan is a type of loan package designed for individuals who run their own businesses or work as freelancers. Unlike traditional loans, which rely on standard income verification, these loans consider alternative documentation like tax returns, business activity statements, or bank statements to assess financial health.
Flexible income verification options
Pros
Cons
Pros and Cons of Self-Employed Home Loans
Potential for higher borrowing limits
Tailored solutions for unique financial situations
Stricter documentation requirements
Higher interest rates compared to traditional loans
May require a larger down payment
Flexible income verification options
Pros
Cons
Pros and Cons of Self-Employed Home Loans
Potential for higher borrowing limits
Tailored solutions for unique financial situations
Stricter documentation requirements
Higher interest rates compared to traditional loans
May require a larger down payment
Flexible income verification options
Pros
Cons
Pros and Cons of Self-Employed Home Loans
Potential for higher borrowing limits
Tailored solutions for unique financial situations
Stricter documentation requirements
Higher interest rates compared to traditional loans
May require a larger down payment
Flexible income verification options
Pros
Cons
Pros and Cons of Self-Employed Home Loans
Potential for higher borrowing limits
Tailored solutions for unique financial situations
Stricter documentation requirements
Higher interest rates compared to traditional loans
May require a larger down payment
Self-Employment Home Loan Requirements and Qualifications
Need to be an Australian citizen or permanent resident over 18 years of age
At least two years of tax returns or profit-and-loss statements
All the required Business Activity Statements (BAS)
Evidence of ABN registration and GST (if applicable)
fAQs
Yes, some lenders offer loans for individuals with less documentation if other financial strengths are present.
Can I get a home loan with less than two years of self-employment?
Yes, some lenders offer loans for individuals with less documentation if other financial strengths are present.
Can I get a home loan with less than two years of self-employment?
Yes, some lenders offer loans for individuals with less documentation if other financial strengths are present.
Can I get a home loan with less than two years of self-employment?
Yes, some lenders offer loans for individuals with less documentation if other financial strengths are present.
Can I get a home loan with less than two years of self-employment?
An Alt Doc loan is for borrowers who can’t provide traditional financial documents but have other forms of proof of income, like bank statements.
What is an Alt Doc loan?
An Alt Doc loan is for borrowers who can’t provide traditional financial documents but have other forms of proof of income, like bank statements.
What is an Alt Doc loan?
An Alt Doc loan is for borrowers who can’t provide traditional financial documents but have other forms of proof of income, like bank statements.
What is an Alt Doc loan?
An Alt Doc loan is for borrowers who can’t provide traditional financial documents but have other forms of proof of income, like bank statements.
What is an Alt Doc loan?
Most specialist and online lenders on our panel give out good deals on self-employed home loans. Fill out our consultation form to get started with your homebuying journey with Select Loan & Mortgage today!
Ready to Get Your Dream Home With Us.
Select Loan & Mortgage is a one-stop solution for home loan consulting services in Australia.
ABN: 86 680 285 143
ACN: 680 285 143
Address: Level 10, 90 King William Street Adelaide SA 5000
Select Loan & Mortgage
Home Loan Calculators
Select Loan and Mortgage Pty Ltd | Credit Representative Number 563198 is authorized under Australian Credit License 389328 | 86 680 285 143 |
This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
Ready to Get Your Dream Home With Us.
Select Loan & Mortgage is a one-stop solution for home loan consulting services in Australia.
ABN: 86 680 285 143
ACN: 680 285 143
Address: Level 10, 90 King William Street Adelaide SA 5000
Select Loan & Mortgage
Home Loan Calculators
Select Loan and Mortgage Pty Ltd | Credit Representative Number 563198 is authorized under Australian Credit License 389328 | 86 680 285 143 |
This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
Ready to Get Your Dream Home With Us.
Select Loan & Mortgage is a one-stop solution for home loan consulting services in Australia.
ABN: 86 680 285 143
ACN: 680 285 143
Address: Level 10, 90 King William Street Adelaide SA 5000
Select Loan & Mortgage
Home Loan Calculators
Select Loan and Mortgage Pty Ltd | Credit Representative Number 563198 is authorized under Australian Credit License 389328 | 86 680 285 143 |
This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.