Are there self-employed loans without a tax return?

Self employed loans or better known as Low Documentation (Low Doc; which means low proof of income required) Home Loans are designed for self-employed customers and small business owners who may not have access to the financial statements and tax returns usually required when applying for a home loan. These products now attract interest rates equal to those who actually verify their income.

Our Finance Brokers will help you choose a home loan with a Low Doc option suitable for you. Today, the Low Doc option is available on a wide range of home loan products. We specialise in low doc loans but even for self employed clients with bad credit we cans till help – call us now.

What you’ll need for self employed loans with a Low Doc option

If you’re looking for one of our many self employed loans involving a Low Doc option, there are some conditions that apply. What follows is a general list:

  • You need to have been self-employed in the same industry for at least one year and supply details such as your ABN and/or Certificate of Incorporation. If your ABN is registered for less than a year, don’t worry, we can still help.
  • You may need to provide your Business Activity Statements (BAS) for the past 6 consecutive months, verified by the Australian Tax Office (ATO).
  • You need to confirm that your income has been registered for GST for a minimum of 12 months. Once again, if you do not satisfy this requirement, don’t worry, we can still help.
  • You may be asked to provide six months’ worth of statements for your primary business or personal transaction account.
  • The maximum amount you can borrow on a Low Doc Home Loan is 80% of the property value.
  • If you are borrowing more than 60% of the property value, you will incur the once off Lenders’ Mortgage Insurance premium.

About the author

Matt Carra

Matt Carra

Matt Carra is the Owner of Blue Key Finance, a Finance Broker since 2004, an SMSF Lending Specialist, a Property Investment Educator, and a Mentor to new Finance Brokers entering the finance industry. Matt is passionate about providing valuable guidance and honest advice, educating Australians on how to buy their first homes and invest successfully while protecting them with knowledge. Matt has strong long-term relationships with his panel of lenders and extensive knowledge on their credit policies, and utilises that skillset to give you peace of mind by recommending you to the right lender the first time, to negotiate a better deal, and to fight for your cause – that’s Matt’s commitment to you. Contact Matt today to start the conversation on 0425 726 538 or email