Understanding self-employed home loans

Unlike traditional employees who receive a regular paycheck, your income may fluctuate, making it harder to meet the standard lending requirements.


Self-employed borrowers typically need to provide more extensive documentation than regular employees. Lenders may request several years' worth of tax returns, financial statements, and business-related documents to verify your income stability.


Lenders often assess your income differently as a self-employed borrower. They may consider your net income after deducting business expenses rather than the gross income stated in your tax returns.

Loan eligibility

Loan approval depends on various factors, including credit score, debt-to-income ratio, and the size of your deposit. Self-employed individuals may find it beneficial to have a higher credit score and a larger deposit to improve their loan eligibility.

Unlock your homeownership potential

Owning a home as a self-employed individual is undoubtedly possible with the right preparation and guidance. While self-employed home loans may require more effort and documentation, they offer the rewarding opportunity to fulfil your homeownership dreams while running your own business.

Take the first step today and make your dream of homeownership a reality. Remember, each lender may have different requirements, so exploring multiple options and seeking advice from one of our brokers can pave the way to your dream home.

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