Self-employed and looking for a home loan?
Running your own business doesn't mean your home loan options have to be limited. Aurevia helps business owners and self-employed borrowers navigate lender requirements and explore suitable home loan options.
How we help self-employed borrowers.
Sole traders
When your income comes from running your own business, lenders may assess your finances differently. We'll help you understand their requirements and explore suitable home loan options.
Company directors
Your financial position may involve a combination of salary, dividends and business income. We'll help you understand how lenders assess these income sources and what documentation you may need.
Multiple or variable income sources
If your income fluctuates or comes from several sources, we'll help you understand how different lenders assess your earnings and identify options suited to your circumstances.
Meet your partner in finance, RK.
When you run your own business, your income doesn't always fit the standard lending criteria. Understanding how lenders assess your finances and which options are available can make the home loan process feel complicated.
RK takes the time to understand your business, how you earn your income and what you're looking to achieve. He'll explain your borrowing options and help you find a suitable home loan for your circumstances.
From understanding lender requirements and preparing your financial documentation to managing your application, RK will guide you through the process, from your first conversation through to settlement and beyond.
RK is available 7am to 7pm, 7 days a week.
Talk to RK directly on 0412 517 237
What matters when you're self-employed.
How lenders assess your income
Lenders may look at your taxable income, business financial statements and income history rather than relying on a regular payslip. Different assessment policies can lead to different borrowing outcomes.
Your financial documentation
Depending on your business structure and the lender, you may need tax returns, financial statements, BAS records or other evidence of income. Understanding these requirements early can help you prepare.
Choosing the right lender
Some lenders have more flexible policies for business owners, including how they assess variable income and business expenses. Comparing lender requirements can help you identify suitable options.
Let's talk about your next move.
Whether you're ready to buy, considering refinancing or simply wondering how your business income affects your borrowing capacity, RK can help you understand your options and what to do next.
Frequently Asked Questions.
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Yes. Many lenders offer home loans to self-employed borrowers. Your eligibility will depend on factors such as your income, trading history, financial commitments and available deposit or equity. We'll help you explore lenders whose requirements may suit your circumstances.
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Many lenders prefer at least two years of business trading history, although some may consider shorter periods depending on your industry experience, financial position and supporting documentation. Requirements vary between lenders.
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Lenders commonly request personal and business tax returns, financial statements and evidence of business income. Depending on your circumstances, they may also request BAS statements, bank statements or an accountant's letter.
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Potentially. Lenders assess fluctuating income in different ways. Some may consider an average of recent earnings, while others place greater emphasis on the most recent financial year. We'll help you understand how these approaches may affect your application.
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Depending on your business structure and the lender's assessment policy, income from salary, dividends, distributions or business profits may be considered. We'll help you understand which income sources can be included and what supporting evidence may be required.
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Yes. Self-employed borrowers can apply to refinance, subject to the lender's eligibility and assessment requirements. Whether refinancing is worthwhile depends on your current loan, financial circumstances, available equity and any associated costs. We'll help you review your options.