What are Self Employed Home Loans?

Self employed home loans are designed for individuals who are self-employed or run their own business. Unlike traditional home loans, these loans take into account a range of factors that may affect your income, such as fluctuating revenue or expenses. Lenders will typically assess your income based on your recent tax returns, bank statements, and other financial records.

As a self-employed individual, it can be challenging to obtain a home loan. Traditional lenders often require several years of tax returns and financial statements, which may not accurately reflect your current financial situation or potential for future income. However, Ownright Custom Finance offers self-employed home loans that are tailored to your unique circumstances.

At Ownright Custom Finance, we understand that self-employed individuals may face unique challenges when it comes to obtaining home loans. That’s why we offer flexible and competitive self-employed home loans that take into account your current and potential future income. We work with a wide range of lenders to find the best loan options for you, so you can achieve your homeownership goals.

Why Choose Ownright Custom Finance for Self Employed Home Loans?

At Ownright Custom Finance, we understand that self-employed individuals have unique financial circumstances that may not fit within the traditional lending criteria. That’s why we work with a wide range of lenders to find the best loan options for you. We have access to a variety of self-employed home loan products, including low doc loans, which require less documentation than traditional loans, and can be approved quickly.

Our team of expert brokers will guide you through the loan application process, ensuring that you understand all the available options and their implications. We can help you choose the loan that best suits your financial situation and goals, and work with you to secure the best possible interest rates and terms.

How to Apply for a Self Employed Home Loan?

To apply for a self-employed home loan with Ownright Custom Finance, simply fill out our online application form or contact us directly. Our brokers will review your application and financial circumstances and then provide you with a range of loan options that best suit your needs. We will then guide you through the application process, ensuring you understand each step along the way.

Great options and great rates

When you’ve tried with every other lender or bank and not been satisfied, that’s where we come in. We’ll create a tailored and customised solution for you!

Did you know that according to recent statistics, approximately 80% of small businesses in Australia take out business loans to help fund their growth and operational costs?

Tips for Securing a Self Employed Home Loan

Here are some tips to help you secure a self-employed home loan:

Keep Accurate Records: Ensure that you maintain accurate records of your income and expenses, including bank statements, tax returns, and other financial records.
Minimize Your Debts: Lenders may be hesitant to lend to individuals with high levels of debt. Minimizing your debts can improve your chances of obtaining a home loan.
Maintain A Good Credit Score: A good credit score is essential for obtaining any loan. Ensure that you pay all your bills on time and avoid defaulting on any loans or credit cards.
Work With A Broker: A broker, such as Ownright Custom Finance, can help you navigate the complex loan application process and find the best loan options for you.

Ready to get the perfect loan?