THis is our speciality! Being self employed and applying for a mortgage has traditionally been difficult with most banks and lenders but fortunately there are many more options available to you now than ten or fifteen years ago.
Increasingly lenders have devised alternative ways of assessing your income that enable your loan can be approved.
Such policies include but are not limited to acdepting just 12 months of self employed tax returns to determine loan approval, enabling fast track approvals using only your ATO notice of assessment (no tax returns required), relying on an affordability statement from your account, reviewing your BAS (Business Activity Statements) turnover to see a trend in your high level profitability, accepting tax returns in a draft format that is accompanied by a letter from your accountant, enabling a refinance to take place when a dollar for dollar proposal is being presented. The list of possible policies neiches to support your loan apprtoval is extensive and varies all of the time so reach out to us today to discuss your proposed scenario today.