Buying a Home when you’re Self-Employed

Buying a Home when you’re Self-Employed

Most lenders would need to see a stable income track-record in the form of tax returns and a letter from your accountant before considering lending.

It all comes down to the risk of income certainty, and a few bad months may mean you can’t make your repayments.

Lenders ask for your previous tax returns and try to figure out how much the business may grow and whether your income will be stable for a long period of time. Techniques vary by lender.

If you are self-employed and would like to know more about suitable lenders for you, contact Pulp Finance on 1300 506 998 or admin@pulpfinance.com.au

Your full financial situation would need to be reviewed prior to acceptance of any offer or product.

Credit Representative 508672 is authorised under Australian Credit Licence 389328

No Comments

Post A Comment