Find Your Local Broker
Worried the banks will turn you down?
We can still get you a home loan.
Unlike the banks, we recognise that just because you’re not an employee doesn’t mean you can’t make repayments. We will find you an option that gets you into your dream home sooner.
We take the time to learn about your position, so we can work out what loan will suit.
With access to a huge amount of lenders, we find the best loan for almost any situation.
‘Where there’s a will, there’s a way’ is our catchphrase. We will do whatever it takes to help you achieve your home ownership goals.
However, there are ways to make it happen. By planning ahead and providing some extra paperwork, there are loans out there to suit you.
These loans aren’t always easy to find, and there is usually extensive work involved to secure them, which is why so many self-employed homebuyers come to us for help.
What you will need
- Self-employment history
Because you don’t have a reliable salary in the same way an employee does, you will need to use tax returns, contracts and financial statements as proof of income. Usually you will need to provide at least two years’ worth of self-employment history, although we have been able to help clients with less than that.
Most lenders will need you to have cash reserves when you apply for your mortgage, in case your income falters. This is generally at least two months’ worth of housing payments for principals, interest, taxes and insurance.
If you’re self-employed and thinking of applying for a home loan, start preparing now by getting your documentation together. Paying down debt will help with your debt-service ratio and will make sure you keep a good credit rating. If you’re unsure of anything, it’s always best to get the advice of a professional sooner rather than later.
We place huge emphasis on educating our clients, so that they can be personally confident in their decision.
Below are some of our most useful resources to help get you into your first home.