SELF EMPLOYED HOME LOANS
So you work for yourself? Every year more and more Australians just like you are choosing to sack their boss and go out on their own. So how does this affect you when it comes to taking out a home loan?
Being a self employed borrower sometimes changes things when it comes to taking out a mortgage. Whilst you can certainly gain access to all the same home loans as a PAYG or salaried person, it’s become very common for self employed borrowers to look at a Lo Doc (low documentation) home loan option. Why? Because let’s face it, being self employed often means complicated financials that may not always tell the full story.