Availing Home Loans for Self-Employed? We’ll Find One That Works For You
While being self-employed comes with the freedom of being one’s own boss, you might find it harder to qualify for a home loan. However, at UV Financial Services, we’ve had years of financial experience helping business owners like you get their home loans for self employed get approved. From putting your finances in order to ensure all the documents are in place, we’ve got you covered.
In Australia, you’re considered self-employed if you:
- Hold and use a registered ABN (Australian Business Number)
- Manage your own tax and superannuation
- Business owners
- Tradesmen
- Creative professionals
- Professional service providers, such as lawyers, financial consultants, etc.
- Health and wellness professionals
- Freelancers and independent contractors
Self-Employed Home Loan Requirements
- At least 2 years of tax returns and financial statements
- Proof of consistent income
- Documents like financial statements, tax returns, and business records
However, keep in mind that there are lenders who even accept one year’s tax returns or alternative methods of proving your income. There are some in our panel who consider your loan application even if you can’t produce tax returns, provided you’ve started your own business but been in the same industry for a while.
If you’re concerned that your type of self-employment might make you ineligible for availing home loans for self-employed, kindly contact us on 0430833011 or fill-in our online enquiry form. We are specialised in helping self-employed individuals qualify for home loans at competitive rates!
What If I Can’t Provide Certain Documents?
- Low-Doc Loan Options: For self-employed individuals who may not have all the standard documentation, we can help you avail low-documentation (low-doc) home loans. These advances rely on alternative forms of income verification, such as BAS statements, bank records, or accountant declarations, making it easier to qualify.
- Access to a Wide Range of Lenders: We have access to a large panel of lenders, including those that specialise in self-employed home loans. This enables us to find competitive interest rates and flexible terms for our clients.
Why Choose Us For Procuring Home Loans for Self-Employed?
- Dedicated Support
- Deep Understanding of the Borrower’s Needs
- Simple Verification
- Borrower-centric Approach and Tailored Solutions
- Flexible Appointment
