If you’re self-employed and want to apply for a home loan, you will need to provide evidence of your business’ financial position.

In addition to the regular personal financial information as everyone else, self-employed people may also need to prepare some additional paperwork before they apply for a home loan such as:

• last two years of company tax returns
• last two years of other financial statements (e.g. profit and loss statements)
• last two years of personal tax returns and Notice of Assessments
• date of ABN and GST registration.

What matters most is that you can demonstrate consistent income, business growth, and a long-term trend of increased earnings. It’s also important that your records are accurate so that you and your lender can both make the right decision for your circumstances.