Lionel Finance’s Post

💪 Landing a home loan if you’re self-employed 💪⁣ ⁣ Rightly or wrongly, lenders can see self-employed borrowers as higher risk than employees.⁣ ⁣ So it helps to be prepared when applying for a home loan:⁣ ⁣ ✅ Have evidence you’ve held an ABN for a year or two⁣ ✅ Gather proof of income like your latest business activity statements and tax returns⁣ ✅ Don’t hide your income (aka cash jobs) as it can reduce borrowing capacity, and⁣ ✅ Grow savings to show you can handle home loan repayments.⁣ ⁣ If you're struggling to meet any of the above, you could even be eligible for a low-doc home loan designed especially for self-employed borrowers.⁣ ⁣ Talk to us for home loan help when you’re your own boss. 👇⁣ ⁣ To find out more, DM us or contact Lionel Finance on: 📞 1300-LIONEL 💻 info@lionelfinance.com.au #lionelfinance #reachyourfinancialsgoalsquicker #mortgagebroking #aussiemortgagebroking #homeowner #investment #property #mortgagebroker #mortgage #homeloan #loan #firsthome #refinance #investors #broker #sydney #sydneycbd #sydneyproperty #sydneyrealestate #sydneymortgagebroker #sydneybroker #sydneyloans #sydneyfinance #sydneylocal #nsw #nswproperty #nswrealestate

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