FAQs for self-employed Australians

A low-doc loan is a home loan designed for self-employed borrowers who can’t provide standard payslips, using alternative income evidence instead.

Yes. Low-doc refinancing can be used to lower repayments, change features, consolidate debts, or restructure lending, subject to assessment.

Business owners, sole traders, contractors, and commission-based earners, especially when income doesn’t neatly fit “PAYG + payslips.”

Sometimes. Lenders typically need a clear purpose for the funds and may apply limits based on LVR, credit, and servicing.

Absolutely. We prove your ability to pay via your last 12 months payments. If you have a good repayment record then that is all we need.

In many cases, yes, especially for investment scenarios. Availability and pricing vary by lender and your situation.

Many lenders prefer a minimum trading history, but there are options that may work earlier depending on your industry, deposit, and overall profile.

They can be, because the lender is taking a different level of income verification risk. The best rate depends on your documents, LVR, and credit profile.

It varies, but generally the stronger your deposit/equity position, the more options you’ll have and the smoother approval tends to be.