See how the income may be assessed
Explore how available financial information can shape the lending position.
Self-employed lending pathway
Your income has
a business story.
The right lender needs to understand it.
Translate the business, income and available information into a clearer lending position.
ClearerLending position→
The lending view
Different income story.
Same need for clarity.
Assessment
Understand how the income may be viewed.
Information
Identify what is available to support the position.
Pathway
Explore which lender approach may be relevant.
A practical pathway
Business complexity.
A simpler next step.
Understand
Clarify the business, income and lending goal.
Present
Connect the available information to suitable pathways.
Proceed
Move forward with a clearer view of what may be required.
Preparing the application
Present your business and income with clear evidence
Business history
Explain what the business does, how long it has traded and whether recent changes affect the figures. Context helps the documents tell a coherent story.
Income assessment
Lenders can differ in how they use taxable income, add-backs and recent performance. A borrowing estimate should reflect the policy relevant to your evidence.
Documents and commitments
Gather financial statements, tax returns, notices of assessment, BAS or bank statements as relevant, together with personal expenses and existing liabilities.
Use the home loan calculators, review specialist lending pathways or speak with Prasanth.
Self-employed questions
Clear answers about income evidence
Requirements vary by lender and application. Confirm the evidence needed before submitting an application.
What documents may a self-employed borrower need?
Depending on the lender and pathway, documents may include personal and business tax returns, notices of assessment, financial statements, business bank statements, BAS, identification and details of existing commitments.
How do lenders assess self-employed income?
Lenders commonly review business history, taxable income, add-backs, liabilities, consistency and recent performance. Their methods and accepted evidence differ, which can change the income used in a borrowing-capacity assessment.
Can I apply if I have been self-employed for less than two years?
Some lenders may consider a shorter trading history where there is strong evidence and relevant prior experience, while others require a longer record. Options depend on the business, documents, deposit, credit profile and complete position.
Are self-employed home-loan rates always higher?
Not necessarily. A fully documented application may access standard products where eligibility is met. Alternative-documentation pathways can have different rates, fees, loan-to-value limits or conditions.
This information is general and does not consider your objectives, financial situation or needs. Lending criteria, fees and rates can change.
Direct access
Your business story deserves
a considered lending view.
Speak directly with Prasanth about your income, documents and lending goal.