FOR SOLE TRADERS, CONTRACTORS AND BUSINESS OWNERS
Different income.
Same home ambitions.
Self-employed home loans start with understanding how you earn. Whether you run a small business, work on contracts or receive income from several sources, a broker partner can help you explore the evidence a lender may need.
Discuss my self-employed income →
Self-employed does not automatically mean low doc.
If your tax returns and business financials are available, a full documentation home loan may be an option. If standard records do not reflect your circumstances, a broker may discuss alternative documentation pathways. Compare the available routes before assuming you need a specialist product.
Make your income story easier to understand.
Start by explaining your business structure, how long you have been trading and how your income is received. Seasonal work, recent growth, contract changes or a mix of salary and business income may need explanation. The lender decides which income it accepts and how it calculates serviceability.
Prepare for a useful broker conversation.
You may be asked about business and personal tax returns, financial statements, BAS, bank statements and existing commitments. The exact documents and periods required differ between lenders. Keep records current and consistent, and ask your accountant to clarify anything you do not understand.
A home loan should fit the whole picture.
Think about repayments during quieter trading periods, cash you need to keep in your business, your deposit or equity and other debts. Compare fees and loan features as well as interest rates. Ask whether offset, redraw or flexible repayments are available and what restrictions or costs apply.
Buying or refinancing, across Australia.
From Melbourne to regional towns and other capital cities, Sole Trader Finance helps people start a home loan conversation with broker partners. We are a referral service, not a lender. We will ask permission before sharing your enquiry with a partner.
Does a new ABN guarantee eligibility?
No. An ABN is only one part of the picture. Trading history, income evidence, expenses, credit commitments, deposit or equity and the property can all affect an assessment. Ask a broker what is realistic for your circumstances before making commitments.
General information only. No eligibility assessment or loan recommendation is provided on this page. Lender criteria, documents, rates, fees and terms vary.
Also explore: Low doc home loans · Refinancing · Buying a home