Home Loans for Self-Employed Applicants
If you're self-employed, getting a home loan can feel harder than it should. Different lenders assess business income very differently. We know where to look and how to present your application so your real financial position is understood.
Self-employed borrowers are far from unusual, but lender policies vary widely. Some want a longer trading history and two years of financials; others are more flexible and may consider more recent business performance. The key is matching you to a lender whose approach suits your situation.
What lenders typically look at
- Your business tax returns and financial statements
- Your personal tax returns and notices of assessment
- How long you've been trading
- Business bank statements and overall cash flow
- The structure of your business (sole trader, company, trust)
How to prepare
Being organised makes a real difference. Up-to-date financials, a clear picture of your income and tidy business banking all help. Where your accountant can provide information or confirmation, that can support your application too.
We'll give you a clear checklist and, where helpful, coordinate with your accountant so nothing holds up the process.
Low-doc and alternative documentation
Some lenders offer alternative-documentation options for self-employed borrowers who can't provide standard financials, though these come with their own requirements and considerations. We'll explain whether that path is appropriate for you rather than assuming it is.
This page is general information only and does not take into account your personal objectives, situation or needs. It is not financial, tax or legal advice. Lending is subject to individual assessment, lender policy and approval.
Common questions
Can I get a home loan if I'm self-employed?
Yes, many self-employed people do. The challenge is that lenders assess business income differently, so matching you to the right lender and presenting your application well is where a broker helps.
How long do I need to be self-employed?
It varies. Some lenders prefer two years of financials, others may consider a shorter history. We'll find lenders whose policy suits how long you've been trading.
What documents will I need?
Commonly your business and personal tax returns, financial statements, notices of assessment and business bank statements. We'll give you a tailored checklist.
What is a low-doc loan?
It's a loan using alternative documentation for borrowers who can't provide standard financials. It has specific requirements and isn't right for everyone, so we'll only suggest it if it genuinely suits you.
Explore more
Let's find the right solution for you.
Book a free, no-obligation chat with Steph — by phone, over Zoom, or in person at our Winnellie office.