Full-doc
What you bring
2 yrs ITR + NOA · company financials · BAS
- Rate from
- 6.04%
- Max LVR
- 90%
- Turnaround
- 14–21 days
- Lenders
- 12
WHO WE SERVE
Tradie home loans for sole traders, licensed tradies and sub-contractors — without needing perfect tax returns.
Licensed electricians, plumbers, carpenters, brickies, painters, HVAC techs, builders — sub-contractor invoices, cash deposits, BAS, licence cards — we've seen every variant. Halo Loan specialises in tradie alt-doc placements: BAS-only / accountant-letter / sub-contractor invoice + bank statements — three transparent rate-loaded paths instead of the majors' opaque decline machine. Mobile pre-check + WhatsApp updates.
Who this is for
- ·Licensed tradies (electrician / plumber / carpenter / HVAC / builder) — sole trader or Pty Ltd
- ·Sub-contractors (invoicing head contractors) — ABN ≥ 6 months
- ·Cash-heavy operations — we know which lenders won't decline you on cash deposits alone
- ·Declined 1–2 times by majors for "tax return too low / insufficient servicing"
What we handle
- ✓Tradie income rebuild: $40k declared tax but $200k real cash flow → reconstruct servicing from BAS + bank statements
- ✓Licence + insurance checklist: full licensing + PI insurance ≥ $2M is mandatory for some lenders
- ✓Cash-deposit source memo: every $10k+ deposit pre-documented
- ✓Construction loan for build/renovation customers: land + build + occupier conversion end-to-end
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
- 6.49%
- Max LVR
- 80%
- Turnaround
- 14–28 days
- Lenders
- 14
BAS-only
What you bring
4 quarters of BAS · ABN ≥ 2 yrs
- Rate from
- 6.59%
- Max LVR
- 80%
- Turnaround
- 10–21 days
- Lenders
- 10
Accountant letter
What you bring
Signed accountant declaration · 6 mo bank statements
- Rate from
- 6.69%
- Max LVR
- 80%
- Turnaround
- 14–21 days
- Lenders
- 6
Indicative only — actual rate and LVR cap subject to lender formal approval.
Honest trade-offs
- ⚠Concentrated cash deposits (> $30k single day) → AML flag, lender will reject pending source verification
- ⚠Expired / suspended licence → some lenders decline outright; need 30 days post-renewal to reapply
- ⚠Tradie tax returns are typically minimised — real income is 2–3× tax-declared — most lenders look at tax returns, so route via alt-doc lender
Frequently asked
Tradie declared $40k tax but real income is $200k — what can I borrow?
Use alt-doc / BAS-only: rebuild income from 6–12 mo of BAS + bank statements. Borrowing ≈ rebuilt income × 4–5×, with LVR cap 80% (20% deposit). Example: $150k real net → $600k–$750k. Depends on how documentable your cash sources are + which lenders take your trade.
Sub-contractor (not directly licensed) — can I borrow?
Yes. Sub-contractors use invoice + bank-statement path — no trade licence required, but: ① ABN ≥ 12 mo ② same head-contractor relationship ≥ 6 mo ③ 6 mo invoice history. Some lenders also require a head-contractor relationship letter.
I had an ATO payment plan in the last 12 months — will I be declined?
Payment plan itself isn't fatal; lenders check: ① is it being paid on schedule ② current balance ③ is it settled. Settled + 6 mo clean history → most lenders accept. Still repaying → specialist lender (La Trobe / Pepper) at +0.5–1%. Unpaid without a plan → near-certain decline.
Newly registered tradie ABN — can I borrow in year one?
ABN ≥ 6 mo + same-industry PAYG history ≥ 2 yrs (previously employed as an electrician / plumber etc.) → specialists like La Trobe / Bluestone can approve at full-doc + 1.5–2%. Complete career switch (previously office-based) with ABN < 1 yr → very hard; wait until the second BAS quarter.
Can I borrow to buy land and self-build (construction loan)?
Yes. Tradie owner-builder construction loan: select lenders (Bankwest / Gateway / some mutuals) accept, provided you hold an owner-builder permit + complete build budget + fixed-price subcontract list. Alt-doc LVR cap typically 70% (30% deposit).
Halo Loan track record — how many tradie cases have you placed?
Tradies are one of our largest case categories (~30% of self-employed pipeline). We process 15–25 tradie alt-doc applications monthly with a settlement rate > 85% (industry average ~65%) — front-loaded lender selection + document pre-screening filters out the cases that would otherwise be declined.
Next step
3-minute pre-check for tradie & trade contractor home loans
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.