Are you self-employed and looking for a home loan?

Many self-employed home buyers experience resistance from banks due to the complex nature of their income and / or tax management strategy. Naturally, your accountant will aim to minimise the amount of tax you pay on each tax return, however this might also result in a lower level of net income available to prove serviceability on your loan.

Depending on the structure of your business and the reported income over the past one to two years, some banks will look more favourably at your position than others. Finding the right bank is especially important for applicants who are self-employed / sole traders. This is where we come in. At Loanright we specialise in assisting self-employed / sole trader applicants. We have an in-depth understanding of basic and complex business structures, as well as the various lending policies that could potentially result in a decline with one bank, or an approval with another.

If you are self-employed and seeking to purchase a property or refinance an existing loan, then get in touch with one of our self-employed lending specialists today. We would love to hear about your business and get to work on finding and securing you the best financial outcome.

From Our Clients

Let's Talk

Please fill in your details and one of our friendly Mortgage Brokers will give you a call to discuss your finance options.

Let's Talk

Please fill in your details and one of our friendly Mortgage Brokers will give you a call to discuss your finance options.