Discover our extensive selection of home loan options tailored for self-employed individuals, including low-doc, honeymoon, fixed, and variable rate loans.
While enjoying the benefits of being your own boss, it’s important to remember that self-employment requires efficient time management and staying on top of all the paperwork that comes with running your own business.
Many self-employed borrowers prefer consulting a mortgage broker over dealing directly with a lender because it provides access to a broader array of home loan options. When you work with Rarebreed, it’s like having a dedicated financial expert on your side, helping you secure a competitive home loan from the right lender.
Rarebreed has assisted numerous clients seeking self-employed home loans. Many of which faced challenges with banks or branches not being receptive to their unique business operations, and only adhering strictly to their standard credit policies.
Whether you’re in the market for a new home, seeking commercial property, or financing equipment for your business, we are here to support you. We always take the time to comprehend the intricacies of your business and your financial objectives in order to deliver you the best possible outcome.
With Rarebreed as your partner in securing your self-employed home loan you receive the following:
Simplified paperwork
A flexible application process
A competitive interest rate
Access equity for your business, personal and/or investment finances
FLEXIBLE MORTGAGE OPTIONS FOR SELF-EMPLOYED BORROWERS
Traditional banks often require two years of up-to-date tax returns and financial statements for home loan applications.
Innovative lenders offer streamlined alternatives, simplifying the paperwork needed for a 'mortgage for self-employed' application. We specialise in identifying and connecting you with these lender options.
Some lenders base their decisions solely on the previous year's financial figures, while others consider income averages or interim financials.
We can provide you with tailored solutions to present your income in the most favourable light to lenders, along with competitive interest rates.
Our team can liaise with your accountant to streamline the application process.
Lo Doc home loans are available for those without tax returns, with income supported by business bank statements or BAS Statements.
Another Lo Doc option involves your accountant providing a letter verifying your current business income.
There are multiple Lo Doc options available, and we are ready to discuss them in detail with you.
A honeymoon loan, available to self-employed individuals as well, offers an initial period of lower interest rates and reduced monthly repayments. However, borrowers should be prepared for higher repayments once the honeymoon period ends and consider their long-term financial stability.
We are happy to guide you through your options when it comes to honeymoon loans.
A fixed home loan for self-employed individuals is a mortgage where the interest rate remains constant for a set period, providing financial stability and predictability. While it shields borrowers from interest rate fluctuations, it may come with limitations on additional repayments and refinancing, so careful consideration is needed before choosing this option.
A variable rate loan for self-employed individuals is a home loan with an interest rate that can change periodically in response to market conditions. While it offers flexibility and lower initial rates, borrowers should be prepared for potential rate increases in the future and carefully assess their financial situation and risk tolerance before opting for this type of loan.
At Rarebreed, we will secure the right home loan for you considering your unique business and financial circumstances.
We specialise in identifying lenders that require minimal paperwork, making the mortgage process hassle-free for you.
