Sadly, mortgage brokers will still be targeted at the fresh new 9 to 5 staff member that is considered ‘lower risk’

With 2.5 million one-man shop Australians, you’ll believe there’d be more home loan options to let business people enter owning a home. Which means there are numerous roadblocks you can deal with when applying for a loan if you are worry about-working. We put together a summary of possible question you can also deal with during your software because a home-working individual, in order to be better prepared.

What you will want.

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  • No less than two years of experience once the a personal-functioning employee
  • Your ABN (registered to have at least 24 months)
  • Your own GST registration details (inserted having minimum of couple of years where GST registration required)
  • Adequate money to be able to easily pay-off your loan
  • Consistent money

Something you should note Tic:Toc means a years’ value of tax statements or team financial comments the newest you to definitely, to be real. (altro…)

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