You always need two years of tax returns.
Self Employed Home Loan
Getting approved when you work for yourself is possible. It just takes the right approach.
No Obligations
5.0 Stars Based on 151 user reviews
Yes, you can get a home loan when you're self-employed
Getting approved as a self-employed borrower is genuinely more involved than it is for someone on a salary. We hear it from business owners all the time: their own staff find it easier to get a loan than they do.
The reason isn't your income. It's how your income is presented.
Banks don't always know how to read a business structure. Money that moves through a trust, company or sole trader account for tax purposes can look different to a lender who isn't trained to interpret it. An application that isn't explained well gets declined, even when approval was possible.
We understand business finances. We read your tax returns, identify what can be added back to increase your assessable income, and present your application to the lender most likely to approve it. That's the difference.
What most people incorrectly believe about self-employed home loans
Lenders only look at your taxable income.
Banks will automatically understand your business finances.
Self-employed borrowers always pay higher rates.
Minimising tax means you won’t get approved.
How we approach a self-employed home loans
Here’s our process to get you a self employed home loan.
Understand your business structure
Sole trader, partnership, company or corporate trustee: each one is assessed differently. We start here because the structure determines which lenders are right for you.
Review your business finances
We go through your tax returns, profit and loss statements and balance sheets. We also look at what can be added back to your income, including depreciation, directors fees, extra super contributions...
Match you to the right lender
Not every lender assesses self-employed income the same way. We identify the lender whose policy works best for your structure before we apply, not after.
Prepare and submit your application
We help you pull together the right documents, structure the application clearly and submit it in a way that's easy for the lender to assess. Less back-and-forth, fewer delays.
Testimonials
See what clients say about our service
5.0 Stars
Based on 176 user reviews
Rob & Laura
“Victor and the team went above and beyond to ensure we secured the property we wanted. They took the time to explain the steps involved during the buying process, their communication was excellent and knowledge of the market second to none. These guys were a pleasure to deal with and we would absolutely use again. Highly recommend.”
Dylan & Bree
“My fiancé and I are both self-employed and we were concerned about finding a lender who would cater to our situation. Thankfully, Victor and Christal made the entire financing process a breeze. They were extremely prompt with all communication, super professional, offered an enormous amount of industry knowledge, and most importantly, they helped us secure our family home...
Isabelle & Wayne
“Thank you Victor and the team you made our home loan journey a happy, stress free experience. We were updated at every step and Victor’s advice in the early stages was invaluable to us securing our loan. We need more community minded, person centred business’ like this. Would recommend Blackk Mortgage Brokers to anyone looking for genuine financial advice with no hidden agenda.”
Frequently Asked, Clearly Answered
Yes. Being self-employed doesn't disqualify you from getting a home loan. The requirements are different, not harder, as long as your application is prepared correctly and matched to the right lender.
Lenders want to see stable, verifiable income. For self-employed borrowers, that comes from tax returns, financial statements and bank records rather than payslips. We help you present that clearly.
Most lenders require two full financial years of self-employment history, supported by tax returns. Some lenders will consider one year, particularly if you have a strong track record in the same industry, consistent income and an accountant's letter.
If you're in your first year of trading, the honest answer is that your options are limited right now. It's worth having a conversation early so you know what to put in place.
Most lenders start with your net profit from your most recent two years of tax returns. Depending on your structure and the lender, they can also add back depreciation, extra super contributions, one-off expenses and directors fees.
The method varies between lenders, which is one of the main reasons lender matching matters for self-employed borrowers. We review your financials and calculate your assessable income before recommending where to apply.
Most lenders require:
• Two years of personal and business tax returns and financial statements
• BAS statements, typically the last four quarters
• Bank statements for all personal and business accounts
• Drivers licence, Medicare card and passport
We'll confirm exactly what's needed based on the lender we recommend, so you're not gathering unnecessary paperwork.
Yes, they're all factored in. Business liabilities including equipment leases, vehicle finance, overdrafts, business loans and ATO payment arrangements are all considered when lenders assess your overall position.
We go through these with you before we apply so there are no surprises. In many cases, understanding how they're treated helps us structure your application more effectively.
We'll talk through your business structure, how you pay yourself, how long you've been trading, your deposit and the type of property you're looking at.
By the end of the call, you'll know whether you're ready to apply now, what you'd need to do to get ready, or whether the timing isn't right just yet. No pressure either way.
Talk to us before you make the move. How your home loan is structured while you're still employed can significantly affect what's available to you once you become self-employed.
Getting the timing right, and structuring things properly now, keeps your options open later.
Yes. A decline from one lender doesn't mean approval isn't possible elsewhere. It often means the application wasn't matched to the right lender, or wasn't presented in a way that suited their policy.
We review what happened, assess your situation and work out whether a different lender or a different approach gives you a clear path forward.
In most cases, no. We're paid by the lender after your loan settles, in the same way banks pay their own lending staff. If a fee applies due to a complex situation, we explain that before any work begins.
Work with Victor, Queensland's expert in home loan approvals
He’s here to guide you personally through every step, making sure your loan gets approved smoothly and stress-free.
