Full-doc
What you bring
2 yrs ITR + NOA · company financials · BAS
- Rate from
- 6.04%
- Max LVR
- 90%
- Turnaround
- 14–21 days
- Lenders
- 8
SCENARIO
Purchase loans: self-employed + PAYG pathways, mainstream rates within reach
First-home, upgrader, or PAYG joint application — we cross-reference 40+ lenders' self-employed policies and route you down the cheapest pathway you can clear.
Who this is for
- ·Self-employed / sole-trader with ABN ≥ 1 yr
- ·Buying first or upgrader home, 10–20% deposit
- ·Joint application with a PAYG spouse (mixed-income household)
- ·Declined 1–2 times by major banks for "irregular income evidence"
What we handle
- ✓Cross-check 40+ lender self-employed policies → 3–5 acceptable lender shortlist
- ✓Add-back analysis: depreciation / interest / one-offs added back to servicing income
- ✓FHOG / stamp duty concession / First Home Guarantee eligibility
- ✓LMI waiver comparison (some lenders offer self-employed 80% LMI waiver)
Documentation Pathway Matrix
Find the rate, LVR, and turnaround that matches the documents you can supply.
Alt-doc
What you bring
6 mo bank statements · ABN ≥ 2 yrs · self-declaration
- Rate from
- 6.39%
- Max LVR
- 80%
- Turnaround
- 14–28 days
- Lenders
- 12
BAS-only
What you bring
4 quarters of BAS · ABN ≥ 2 yrs
- Rate from
- 6.49%
- Max LVR
- 80%
- Turnaround
- 10–21 days
- Lenders
- 8
Accountant letter
What you bring
Signed accountant declaration · 6 mo bank statements
- Rate from
- 6.59%
- Max LVR
- 80%
- Turnaround
- 14–21 days
- Lenders
- 6
Indicative only — actual rate and LVR cap subject to lender formal approval.
Honest trade-offs
- ⚠Entity < 1 yr: typically no full-doc path — mainstream rates need sufficient PAYG spouse income
- ⚠Cash-only businesses → lenders disregard income not backed by BAS / bank statements
- ⚠Alt-doc typically 0.3–0.5% above full-doc, with 5–10% lower LVR cap
Frequently asked
Can I still use alt-doc with ABN under 2 years?
Most alt-doc lenders require ABN ≥ 2 yrs. A handful accept ABN ≥ 12 mo + GST-registered ≥ 12 mo. We filter the panel against your actual tenure.
Can self-employed buyers use a 5% deposit pathway?
First Home Guarantee (5% deposit, LMI-free) is technically open to self-employed but requires 2 yrs of ITR + NOA. Full-doc qualifies; alt-doc / BAS-only does not.
Last year showed a tax loss — what can I borrow?
Lenders typically average 2 yrs of returns. A loss year offset by a prior profit year can still service via add-backs (depreciation / one-offs / interest). We model it before applying.
Can a PAYG spouse help me borrow more?
Yes. Mixed-income households are assessed on combined PAYG + self-employed servicing. Some lenders accept self-employed income at 100% (no shading), lifting household capacity to mainstream rate caps.
Next step
3-minute pre-check for purchase
Drop a few basics. We cross-check 40+ lenders against your situation and return how much you can borrow + which doc pathway is right for you.