The team I get a home loan with only one year of tax returns?

Some lenders will consider one year of financials if the business has been trading longer, but most prefer two years and a broker can identify which lenders are more flexible.

What is a low-doc home loan?

It's a loan for self-employed borrowers who can't provide full financials, relying instead on other evidence like BAS statements or an accountant's declaration, usually at a higher rate.

Do I need an accountant's letter to apply?

Many lenders ask for an accountant's declaration confirming your income, especially if your tax return doesn't fully reflect your current trading position.

Home loans for self-employed borrowers in Sydney

Self-employed borrowers get assessed differently to PAYG employees, and it's a split that cuts across first home buyer, investment and commercial finance categories rather than sitting inside any one of them. Lenders want to see business financials, not just payslips, and the paperwork load is heavier.

Providing tax returns, financial statements or BAS instead of payslips
Understanding low-doc or alt-doc loan options if your latest tax return doesn't reflect current income
Structuring a loan when income comes through a company or trust
Buying a home or investment property while running a business at the same time

A broker working with self-employed clients will typically ask for two years of tax returns and notices of assessment, plus business bank statements, and will match you to lenders whose self-employed policies suit your structure.

What it costs

There's no extra broker fee simply for being self-employed, commission still comes from the lender at settlement. Costs can be higher indirectly if you're pushed toward a low-doc loan, which sometimes carries a higher interest rate or requires lender's mortgage insurance sooner.

Top 3 by our score

Ranked from our published scoring of public Google reviews for commercial & business finance.

1. Opulent Finance - Commercial Finance Brokers Melbourne | Mount Waverley and Glen
5.0★ · 181 reviews

94
2. Inovayt
5.0★ · 1004 reviews

95
3. 360 Financial Strategists
5.0★ · 432 reviews

95

See the full ranking → · Browse all providers

FAQ

The team I get a home loan with only one year of tax returns?: Some lenders will consider one year of financials if the business has been trading longer, but most prefer two years and a broker can identify which lenders are more flexible.
What is a low-doc home loan?: It's a loan for self-employed borrowers who can't provide full financials, relying instead on other evidence like BAS statements or an accountant's declaration, usually at a higher rate.
Do I need an accountant's letter to apply?: Many lenders ask for an accountant's declaration confirming your income, especially if your tax return doesn't fully reflect your current trading position.

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