Yes, uno allows self-employed borrowers the opportunity to choose the best home loan for their needs. And because we know you’re busy running a business, we will make sure we contact you at times and in ways that work best for you.
Being self-employed shouldn’t affect your eligibility for a home loan. However when uno and the lender verify your capacity to repay the loan, as we’re required to do by law, the self-employed supporting documents list is larger and more complex than what PAYG income earners need to provide.
There are many excellent low-documentation loan products available through uno too, although you need to be aware that these will have a restricted maximum loan amount.
If you’re currently an employee of another business, but thinking about starting your own business, keep in mind that it takes less paperwork to get a home loan using current payslips. So it may be wise to get your home loan sorted well before starting your own business.
If you’d like our help, contact uno’s team of experts on 133 866 or through online chat.
This information in this article is general only and does not take into account your individual circumstances. It should not be relied upon to make any financial decisions. uno can’t make a recommendation until we complete an assessment of your requirements and objectives and your financial position. Interest rates, and other product information included in this article, are subject to change at any time at the complete discretion of each lender.