SYDNEY · SELF-EMPLOYED LENDING
Self-Employed Home Loans Sydney
Your income comes from a business. Your home loan needs an assessment that understands it.
Buying, refinancing or investing? YML Finance helps sole traders, company directors, contractors and borrowers with trust income understand their lending options, prepare the right documents and compare suitable lenders.
Free initial consultation. No obligation. An enquiry is not a loan application or approval.
Can you get a home loan when you’re self-employed?
Self-employment does not automatically rule you out of a home loan. The key is how a lender assesses your income, business history, deposit or equity, expenses and existing debts.
Requirements differ between lenders. Some applications can be assessed using tax returns and financial statements. Others may need an alternative-documentation approach. We help you understand which pathways are worth investigating before you apply.
Sole traders
Your business income and expenses help establish the income available to support repayments. We review your records and explain the evidence a lender may require.
Company directors
Salary, dividends, company earnings and business liabilities may all need consideration. We help explain the relationship between your business and personal finances.
Contractors
Your contract arrangements, work history and income records matter. We help determine whether your circumstances are assessed as employment income or self-employed income.
Trust income
Distributions, financial statements and the trust structure can affect the assessment. We identify the documents needed for your proposed borrowing arrangement.
Full-doc and low-doc: understand your options
Full-documentation loans
A full-doc application uses the income evidence required by the lender, commonly tax returns, notices of assessment and business financial statements.
This can provide a broader choice of lenders and products when your records meet their requirements.
Alternative-documentation loans
Often called low-doc loans, these use lender-approved alternative evidence, which may include BAS, business bank statements or an accountant’s declaration.
They still require income assessment. Rates, fees, deposit requirements and available lenders can differ from full-doc options.
We compare the available pathways, including whether preparing additional records could improve your options. The right approach depends on your circumstances and current lender policy.
What if your income varies or your tax return looks low?
A lender needs to understand the sustainable income available for repayments. Business turnover, drawings and taxable income are different figures; none alone establishes borrowing capacity.
Where relevant, we review changes in earnings, the business structure and the explanation behind particular expenses. A lender may consider eligible adjustments to income, but its policy and supporting evidence determine what can be accepted.
If you have recently started your business, tell us how long it has traded and whether you previously worked in the same industry. We can explain what information is needed to investigate your options.
Documents to have ready
You do not need to gather everything before your initial conversation. Depending on your structure and the lender, the documents requested may include:
Income and business records
- Personal and business tax returns
- ATO notices of assessment
- Profit and loss statements and balance sheets
- Recent BAS and business bank statements
- ABN and relevant business registration details
- Company or trust documents, where applicable
Your borrowing position
- Deposit or savings evidence
- Current home loan and other debt details
- Information about living expenses
- Property details or your intended purchase budget
- Your preferred timing and borrowing goals
We’ll identify the records needed for your situation and explain how to provide them securely.
Buying, refinancing or investing?
Buying a home
Understand your likely documentation requirements and lending options before committing to a purchase. Any pre-approval remains subject to its conditions and the lender’s final assessment.
Refinancing your loan
Compare your current arrangement with available alternatives, taking account of rates, fees, features and switching costs. Accessing equity also depends on valuation and borrowing capacity.
Buying an investment property
We can review your income, existing commitments and proposed property with you. Investment lending requirements may differ from those for your own home.
Why speak with YML Finance?
Jay Perron works with borrowers whose income and circumstances need closer attention. We explain the information needed, compare suitable options from our lender panel and help prepare your application.
As part of YML Group, we can coordinate with accounting professionals where appropriate and with your permission. Credit assistance, accounting and financial planning are separate services.
In most cases, YML Finance is paid a commission by the lender when a loan settles. Where a broker fee applies, it is disclosed before you proceed. See our Fees & Remuneration information.
What happens next?
- Discuss your situation. Tell us about your business, borrowing goal and timing.
- Review the evidence. We identify the documents needed and assess potential lending pathways.
- Compare suitable options. We explain relevant rates, fees, features and requirements.
- Proceed when you’re ready. If you choose to apply, we help prepare the application and keep you informed.
Frequently asked questions
How long do I need to have been self-employed?
There is no single requirement across all lenders. Your trading history, available financial records and previous experience can affect the options available. Tell us when your business started so we can identify what needs checking.
Can I apply with one year of business accounts?
A shorter business history may limit lender choice. We can investigate whether your records and circumstances meet a lender’s current requirements. Having one year of accounts does not guarantee eligibility.
What if my income changes from year to year?
Lenders may treat variable income differently. We review the pattern, supporting records and reasons for changes to understand how your income may be assessed.
Does low-doc mean I don’t need to prove income?
No. Alternative-documentation lending still requires evidence of income and the ability to repay. The acceptable documents depend on the lender.
Can I refinance if I’m self-employed?
Potentially. The lender assesses your current income, debts, expenses and property position. We also consider whether switching makes sense after fees and other costs.
What if I have credit issues or ATO debt?
These circumstances need individual review and can affect lender choice and costs. Tell us about the issue early so we can give you a realistic explanation of the next steps. Read about ATO debt lending or bad credit home loans.
What does the initial consultation cost?
The initial consultation is free and without obligation. Any fee for further credit assistance will be explained before you proceed.
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Let’s talk about your situation
Tell us how to reach you. We’ll contact you within one business day to arrange your free initial consultation.
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General information only. This page does not consider your personal objectives, financial situation or needs and is not a credit assessment or an approval. Credit is subject to lender assessment and approval. Terms and conditions apply. YML Finance provides credit assistance; seek appropriately licensed advice for financial planning, tax and legal matters.
YML Finance is operated by Acctpro Finance Pty Ltd, Australian Credit Licence 398415. View our Credit Guide, Fees & Remuneration and Best Interests Duty information.