How to get a homeloan when Self-Employed?

Here’s How to Get a Home Loan

Being self-employed gives you freedom, flexibility, and the potential to grow your own success — but when it comes to applying for a home loan, it can feel like you’re being put in the “too hard basket.”

If you run your own business, you’ve probably already been told it’s harder to get finance. That’s only half true.

The key is knowing how to present your income and structure your loan correctly — and that’s exactly where I help.

✅ Why It’s Different for the Self-Employed

Lenders don’t see self-employed applicants the same way they do PAYG workers. Instead of regular payslips, they need to assess your business income, expenses, and consistency over time.

What they’re really asking is: Can this person reliably meet repayments even if business income fluctuates?

📁 What You’ll Need

Here’s what most lenders typically look for:

• 2 years of tax returns (both personal and business)
• 2 years of Notice of Assessment from the ATO
• Business Activity Statements (BAS) – sometimes required if your latest tax return isn’t ready
• A strong deposit – usually 10–20% or more, depending on your situation
• Good credit history – this helps offset any income irregularities

Tip: Some lenders will accept 1 year of financials, depending on your industry and loan amount. I have access to lenders that offer this. So if that’s your scenario, let’s chat.

🧾 Low Doc Loan Options

If your financials aren’t up to date, or you’ve only recently become self-employed, you might still qualify for a low doc loan. These loans allow you to verify income using:

• An accountant’s letter
• BAS statements
• Business bank statements
• GST registration documents

They often come with higher interest rates, but they can be a stepping stone to full-doc finance later.

🧠 Strategy Matters More Than Ever

When you’re self-employed, the loan structure must work for you — not the other way around.

Whether you want to:

• Buy your first home
• Refinance to get a better rate
• Access equity to invest in property
• Or grow your portfolio…

I’ll help you build a plan that fits your goals, your income structure, and your tax position. It’s not just about getting approved — it’s about making the loan work in your favour.

💬 Let’s Make It Easier

At Truth Group, I speak your language — and more importantly, I speak the banks’ too.

If you’re self-employed and unsure where to start, reach out. I’ll help you:

• Understand your borrowing capacity
• Select the right lender (who understands self-employed clients)
• Get your documents in order
• And give you honest advice, every step of the way

Ready to make a move?
Let’s chat about your numbers and what you can borrow — no obligation.

📞 Contact Truth Group or call direct and let’s make your next property move a reality.