Did you include purchasing your own home on your bucket list? Do you feel something is holding you back since you are self-employed? Many business owners think applying for a home loan is too hard….

Don’t worry, that feeling is normal. Having the right financial documents to support your loan application is very important to make the best happen.

Self-employed individuals usually are required to provide the following financial documents:

  • Latest two years of your business tax returns

  • Latest two years of your financial statements or profit and loss statements

  • Latest two years of  personal tax returns

  • Your ABN and GST registration date

We understand that it might be difficult to establish your income when you are self-employed, especially if you have been self-employed for less than two years and do not have the traditional two years of tax returns and GST registration. However, there is a SOLUTION!

At Micah Finance, we take the time to learn about your specific situation and have access to lenders who can work with square pegs in round holes. Some lenders will look at your previous PAYG income to estimate your self-employed earnings. These loans also include other features tailored specifically for self-employed customers. BAS and bank statements, for instance, can be used to verify cash flow.

Our passion is to provide you with solutions that will guide you in making practical investments. Start making the right decision today.

Schedule your Free Consultation with our professional mortgage broker.