Can You Get a Home Loan as a Start-up Owner?
Standing your own company and working or earning through it is a great feeling which many Aussies find fascinating. If you have just started your start-up company and are looking for ways to secure a home loan in Australia, you can run into a few problems. Many lenders might hesitate to borrow money as you are self-employed because self-employed are at risk of not providing the essential documents demanded by the lender. However, the lender’s criteria could not deprive you of getting a home loan in Australia. There are ways to secure a mortgage even you have not a regular income. A self-employed home loan in Australia is the most accessible mortgage option for people who are sole traders and run their own businesses. The loan type doesn’t require additional document work, payslips, or financial statements. Here is what you should know about self-employment home loans and the essential tips & tricks to get the loan approved from lenders. Do Start-up Owners Borrow from Banks