There is a common misconception that if you are self-employed
obtaining a home or investment loan is difficult.
It isn’t, when you get an experienced mortgage broker on your side.
In today’s workplace, more people than ever before are self-employed, whether business owners or sole traders, and many lenders now offer loans to suit demand. The thing is, not all lenders lend the same.
That’s where your Green Team finance broker can help.
Loan conditions – such as the maximum amount of money you can borrow, the minimum deposit required, and the proof of income needed – will differ from lender to lender. The key to getting your loan approved (and fast), without paying more than you should, is knowing which lender’s policy will best cater to your situation.
We have access to hundreds of home and investment loans from over 60 banks and lenders but realistically there may only be a few of these lenders that really want your business, and we can tell you which ones, right now. We’ll be in the best position to compare loans, weigh up costs, and negotiate favourable terms on your behalf.
The real difference between a self-employed borrower and a PAYG borrower is that theoretically the lender needs to establish your current income and also forecast ongoing income to ensure you can meet loan repayments.
Your Green Team finance broker will know what each lender is looking for, will guide you through the full list of documentation required and present a comprehensive application to the bank to minimise reworks or time delays.
General guidelines:
Lo-Doc or Low Documentation loans are often promoted to self-employed borrowers and while this option may be right for you it’s not necessarily the only option. Things you’ll need to consider:
For a ‘traditional’ or full documentation loan the lender will typically need the following documentation to support your application:
Green team finance brokers work with small business owners, independent contractors and sole traders on a daily basis and are experienced in sourcing loans for self-employed borrowers. You might just be surprised by what is available to you. Contact your Green Team finance broker today.
Director
Australia's leading hospitality, accommodation and childcare finance specialist and winner of Loan Market's Commercial Broker of the Year 2024.
Finance Consultant
Whether you are purchasing a new home, investment property or small business or simply want to save on your existing loans, Beth Rachel is an experienced ex-banker who knows what it takes to get a better finance deal.
Finance Consultant
An accomplished finance professional offering clients a depth of knowledge gained from more than a decade in the banking and finance industry.
Finance Consultant
An ex-banker with proven expertise in navigating the loan application process to find you a better home, investment or business loan option or even negotiate savings on your current lending.
Finance Consultant
Dimitri Grespos’ award-winning career in banking and finance spans three decades specialising in private, corporate, and commercial sectors.
Finance Consultant
An accomplished finance professional who provides the individualised care and confidentiality of a private banking experience, without the added expense.
Private Banking Consultant
With almost 30 years’ banking and finance industry experience to his credit, James Blackshaw knows what it takes to negotiate a better outcome on your behalf.
Finance Consultant
One of Australia's most in-demand commercial finance brokers and awardee of Best Finance Broker 2024 (Better Business Awards), James specialises in commercial property investment and development finance.
Finance Consultant
An ex-banker and established broker who can offer you the best of both worlds – insider’s knowledge, real choice and fast answers.
Finance Consultant - CAIRNS
A customer service champion with the know-how and banking relationships to find his clients a better finance deal.
Finance Consultant - CAIRNS
With access to over 60 lenders and hundreds of home loan products I can provide you with the choice you need to negotiate a better deal on your home, investment, or business loans. Currently assisting clients based in Edge Hill, Edmonton, Bayview, Earlville, Cairns City and surrounding suburbs.
Finance Consultant
Lance King is an award-winning private banker turned finance broker, with a reputation for expertly managing complex financial portfolios for high-net-worth individuals, families and business owners.
Finance Consultant
Whether you are a first homebuyer, an experienced property investor, wishing to renovate or upgrade, or you simply want to save money on your existing mortgage, Nathan has the lending knowledge and experience to help you find savings with a better home, car or personal loan.
Finance Consultant
Whether you need a home or investment loan, Paul is an award-winning finance broker with the experience and knowledge to help you save money off your home finance.
Finance Consultant, BBus (Finance)
A home loan expert who knows what it takes to find you a better finance deal.
Finance Consultant
An ex-banker and lending specialist who is on your side and can provide the cost and time-saving advantages of established banking relationships, proven lending knowledge, a choice of funding solutions and fast answers.
Finance Consultant - CAIRNS
Rod Weir has dedicated his career to helping homebuyers and business owners to save money with a better finance deal.
Finance Consultant - CAIRNS
A business finance professional with extensive experience in all aspects of commercial funding, equipment finance and home loan lending.
Mortgage Broker - ROCKHAMPTON
A home loan and investment loan specialist who offers experience and knowledge gained from a career spanning almost three decades in banking and finance.
One of the best and knowledgeable in the field. Hamish has been great in all our dealings and was able to provide an excellent service during a extremely challenging situation. His advice, guidance and skills are very impressive and a very sincere professional. I would 100 % recommend Hamish and his services.
Aleks Topalovic did an amazing job as our broker. We had some challenging complexities with our loan. She was able to sort those out for us without issue quickly and easily. Her financial advice and customer service was excellent. We will definitely continue using Aleks for all future loans.
Paul Steele has worked with us over the last couple of years for all our financing needs. Whether it being commercial or residential loans Paul really went above and beyond to help us with the settlement and always taking our phone calls. We will always use and recommend Paul in the future.
