✦ Self-Employed

Complex income. Simple solution.

Being self-employed shouldn't stop you from getting a great home loan. We know which lenders understand business income - and we'll find the right one for you.

Self-employed Australians are often unfairly disadvantaged by the traditional lending system. Standard income verification methods don't always reflect the true financial strength of a business owner, sole trader, or contractor. StepUp Wealth specialises in navigating the complexities of self-employed lending - from low-doc loans to full-doc applications using business financials - to find the most competitive outcome for your situation.

What We Offer

How we help you succeed

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Income Assessment Expertise

We understand how lenders assess self-employed income - including add-backs, business profit, and director's wages - and present your financials in the most favourable light.

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Full-Doc & Low-Doc Options

We assess whether a full-doc (tax returns + financials) or low-doc (accountant's declaration or BAS statements) application is most appropriate for your situation.

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Self-Employed Friendly Lenders

Not all lenders treat self-employed borrowers equally. We know which lenders have the most flexible policies and competitive rates for business owners.

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Borrowing Power Optimisation

We review your business structure and financials to identify legitimate ways to maximise your assessed borrowing capacity.

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Less Than 2 Years Self-Employed?

Some lenders will consider applications with less than 2 years of self-employment history. We know which ones and what documentation they require.

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Accountant Coordination

We work directly with your accountant to ensure all required documentation is prepared correctly and efficiently - minimising delays.

The Process

How it works, step by step

Income & Structure Review

We review your business structure, tax returns, and financials to assess your borrowing capacity and identify the best application approach.

Lender Matching & Application

We match you with the lender most suited to your income type and submit a complete, well-prepared application to maximise approval chances.

Approval & Settlement

We manage the approval process and coordinate settlement - keeping you informed at every stage.

FAQ

Common questions answered

Most lenders require 2 years of self-employment history, evidenced by 2 years of tax returns and financial statements. However, some lenders will consider applications with 1 year of history, particularly if you were previously employed in the same industry.

Typically: 2 years of personal and business tax returns, 2 years of financial statements, recent BAS statements, and an accountant's letter confirming your income. For low-doc loans, requirements are less stringent - we'll confirm exactly what's needed for your application.

A low-doc (low documentation) loan is designed for self-employed borrowers who can't provide traditional income verification. Instead of tax returns, you may be able to use an accountant's declaration, BAS statements, or a self-declaration of income. Low-doc loans typically carry a slightly higher rate.

In some cases, yes - lenders may consider retained earnings or company profit as part of your income assessment, particularly if you're a director of a company. We'll assess this based on your specific business structure and the lender's policy.

Business expenses reduce your taxable income, which can lower your assessed borrowing capacity. However, some lenders allow 'add-backs' for certain non-cash expenses (like depreciation). We identify all legitimate add-backs to maximise your assessed income.

Also Available

Explore our other services

Ready to get started?

Book a free, no-obligation strategy call. We'll review your situation and map out the best path forward.

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