If you run a business, you probably work harder than most employees.
Yet when it comes to home loans, the system often treats you as “too hard”.
Most big banks want two full years of neat, consistent financials and will assess you on the lowest numbers they can find. That’s a problem when your income genuinely fluctuates, you reinvest back into the business, or your accountant has done a great job legally minimising tax. On paper, it can make you look weaker than you really are.
Specialist and non‑bank lenders can be far more practical. They may use more recent trading figures, look at the last 12 months rather than the last two years, or use “alt‑doc/low‑doc” methods such as BAS, business bank statements or an accountant’s declaration to verify income. These products are specifically designed for self‑employed borrowers who don’t fit standard bank criteria.
Yes, you might pay a slightly higher rate at first, but for many business owners it’s a stepping stone: get the property, keep growing the business, then move back to a major bank once the history lines up. If you’re self‑employed and struggling to get traction with the banks, I can help you map out what lenders are likely to understand your situation
