Self Employed Loans
Clear advice | Better options | No confusion
Self employed borrowers often get told their situation is more complicated, but that does not mean your options are limited.
At The Mortgage People, we help self employed borrowers understand their loan options more clearly, what may be possible and what may make sense based on their situation.
Whether you are a sole trader, contractor, company director or business owner, the right loan often comes down to understanding how lenders view your income and what documents you can provide.
At The Mortgage People, we help self employed borrowers understand their loan options, what may be possible and what may make sense for their situation.
What type of help do you need?
Self employed borrowers usually come to us needing help with one or more of the following:
Understanding how lenders assess self employed income
Working out whether full doc or alternative doc may be more suitable
Getting clear on what documents may be needed
Understanding borrowing power and what may be possible
Knowing which lenders may be a better fit for their situation
If you are not sure where to start, that is exactly where we come in.
How we help self employed borrowers
If you are self employed and not sure where to begin, we help you understand what may be possible and what to do next.
If you are unsure how your income will be viewed, we can help explain what lenders are likely to look for.
If you are trying to work out whether you may qualify under a full doc or alternative doc route, we can help you understand the difference and what may make the most sense for your situation.
Alternative document loans explained
Alternative document loans, often called alt doc loans, are designed for borrowers who may not have the standard income documents some lenders usually ask for
Instead of relying only on full financials or tax returns, some lenders may consider other forms of evidence depending on their criteria.
That could include things like:
BAS statements
accountant declarations
business bank statements
business activity records
This can be useful for self-employed borrowers whose income is genuine and serviceable, but whose paperwork does not fit the more traditional full doc route.
Want to get a clearer idea of the numbers?
If you are still working out what may be possible, our calculators are a useful place to start.
Use them to explore borrowing power and get a rough idea of what your repayments could look like before taking the next step.
Why use a mortgage broker if you are self employed
Going directly to one bank gives you one view of your situation.
Working with a broker means your loan can be assessed by different lenders, each with their own criteria, policies, and approach to self-employed income.
That matters because self-employed lending is rarely one-size-fits-all.
A lender that is not the right fit for one borrower may be the right fit for another, depending on business structure, income evidence and overall financial position.
Self employed loan support tailored to your situation
No two self-employed borrowers look the same.
Some have strong full financials ready to go. Others may have good income but need a more flexible documentation route. Some may be early in business, while others have years of trading history behind them.
That is why the right approach is not just about whether you are self employed. It is about how your overall situation stacks up and which lenders are likely to view it most favourably.
Self-employed loan support tailored to your situation
No two self employed borrowers look exactly the same
Some have strong financials ready to go. Others may have a good income but need a more flexible documentation route. Some may be early in business, while others have years of trading history behind them.
That is why the right approach is not just about whether you are self-employed. It is about how your overall situation stacks up and which lenders are likely to view it most favourably.
Self-employed process explained
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We understand your situation, your business structure and what you are hoping to achieve.
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We look at how your income is set up, what documents may be available and how lenders are likely to view your situation.
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We compare lenders and explain which options may make the most sense for your situation, including whether a full doc or alternative doc route may be more suitable.
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Once a suitable option is selected, we guide you through the application and help keep the process clear and moving.
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We support you through to settlement so everything feels as smooth and straightforward as possible
Frequently Asked Questions
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Yes, in many cases they can. The main difference is that lenders may assess income and documentation differently to a standard PAYG application. The Mortgage People can help you get a clearer idea of what may be possible based on your situation.
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Self employed home loans work much like other home loans, but lenders may look more closely at how your income is structured, how long you have been trading and what documents you can provide.
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That depends on the lender and the type of application. Some lenders may want full financials and tax returns, while others may consider alternative income evidence such as BAS statements, accountant declarations or business bank statements.
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Sometimes, yes. Some lenders may have more flexible options depending on your situation and the documents available.
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An alternative document loan is a type of home loan that may allow self employed borrowers to provide different forms of income evidence instead of the usual full financial documents.
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Not necessarily, but they can require a more tailored approach. The right lender, the right documentation and a clear understanding of your situation can make a big difference.
Ready to get clarity on your options
If you are thinking about building or just want to understand where you stand, the next step is a simple conversation.
No pressure. No obligation. Just clear advice.
Book a time to speak with The Mortgage People.
