Many Australians enjoy the freedom of working for themselves, but being self-employed means time is of the essence, not to mention the challenge of keeping up with the paperwork of running your own business.
Many self-employed borrowers talk to a mortgage broker over a lender because they want a wider range of home loan options. Talking to me is like having your own personal finance expert to help you secure a competitive home loan with the right lender.
I have helped a lot of clients where the bank or branch is just not listening how their business operates and will only consider a loan within their box standard credit policy. Whether your buying a new home, looking for a commercial premises or financing equipment for your business we are here to help you. I will take the time to understand how your business works for you and what you want to achieve.
A typical bank can generally asks for two years up-to-date tax returns and financial statements. There are a range of innovative lenders that can look outside these policies simplifying the paperwork required. Some lenders just work off the last years figures while others can take the average. Some lenders will even consider interim financials. I can also provide you with clear options as to which lenders will look at your income in the best possible light and with competitive rates. We can communicate with your accountant on your behalf to help with this process also.
Lo Doc home loans are still available for clients without tax returns who can have their income supported by their business bank statements or BAS Statements. Another Lo Doc Home Loan option that can be considered is with the assistance of a letter from your accountant who can verify your current business income.
The important point to note is with Lo Doc is that you need to have been self employed for at least two years and have a 20% deposit to contribute . There are several different options available for lo doc and I am happy to explore these options with you in further detail.
We know which banks can accept the minimal amount of paperwork to make the finance process as straightforward and easy for you.
What you can expect from your appointment with me:
- Simplified paperwork
- Flexible application process
- A competitive interest rate
- Access equity for your business/personal and investment finances
Talk to me today to find out more about your low documentation home loan options.