What if my structures are changing (e.g., sole trader to company)?
We’ll pre‑position the application to explain changes and choose a policy that can accommodate them.
FAQ’s – Self employed
Can I borrow if my latest year income dipped?
Some lenders average 2 years; others use the lower/higher year with commentary. Others require just 1 year of financials. We...
How long do I need to have been in business?
Many lenders want 2 years; some consider new business with strong evidence. Policy varies.
My taxable income is low due to deductions — can I still borrow?
Potentially. Lenders assess verified income, but some allow add‑backs or alternate verification. We’ll find the best fit.
What if haven’t done my tax returns?
Alternative‑doc pathways exist. Some of my 30+ lenders specialize in what the ‘majors’ don’t touch.
What income evidence do I need?
Commonly: last 2 years’ tax returns/NOAs and sometimes BAS or financials.
