Self-employed loans | Mortgage Broker in Bellbowrie, Moggill, and Anstead
Start your home loan journey today
Self-employed home loans
Being self-employed, securing a home loan can be trickier than usual. This is primarily due to the fact that lenders tend to view self-employment as less secure than typical employment practices.
This can lead to having to jump through more hoops than typical home loan applications, which can be confusing without a thorough understanding of the application process and the loans available to you.
Luckily, mortgage brokers like Jon are specialised in navigating the complicated process of applying for loans, self-employed or not.
If you’re ready to take on a home loan and want a little help navigating self-employed loans, reach out to Jon Martin today, your local Mortgage Choice broker for Bellbowrie, Moggill, and Anstead.
What are the complications of applying for a loan while self-employed?
Being self-employed can come with many benefits, but often can also come at the expense of convenience. One major convenience commonly not present for most self-employed individuals is a lack of proof of income. Typically, home loans require proof of income to determine things such as borrowing capacity. Luckily, there are alternative loan options available suitable for such dilemmas.
Low-documentation loans are an alternative home loan that allows for the use of income proofs that don’t typically fall into traditional specifications. This doesn’t mean that there are fewer proof of income documents required; rather, alternative pieces of proof of income are accepted in lieu of.
Figuring out what can count as an alternative proof of income can be tricky, but luckily, Jon knows what options are available for you. If you’re ready to take the step into getting a home loan, get in touch with Jon Martin, Mortgage Choice broker for Bellbowrie, Moggill, and Anstead, today.
Call Jon on 0431 307 113 and have a chat to see how a self-employed home loan could be suitable for you.
Jon is also able to assist with:
