We recognise the challenges faced by self-employed individuals when it comes to securing a home loan. Traditional lenders often demand two years’ worth of financial documents, which can be a daunting task for those who have just started their entrepreneurial journey or experienced fluctuations in their income. At emoney Home Loans, we value your self-employment and understand the dynamics of your income streams.

Instead of the typical two years of financials, we offer several alternative options for self-employed borrowers to demonstrate their financial capacity:

Accountant Declaration: If you’re unable to provide two years of financial records, an accountant’s declaration can be a viable alternative. Your accountant can verify your income and financial position, enabling you to move forward with your home loan application confidently.

One Year Tax Returns: Even if you haven’t completed two years of tax returns, don’t let that hold you back. Our team at Emoney Home Loans will consider your one-year tax returns to assess your financial stability and make the lending process smoother.

2 x Most Recent BAS Statements: As a business owner, you’re likely familiar with Business Activity Statements (BAS). Furnishing your two most recent BAS statements will provide valuable insights into your income and expenditure, making it easier for us to determine your eligibility.

6 Months Trading Statements: If you’ve been in business for at least six months, we can consider your trading statements to evaluate your earning potential accurately.