Home Loans For Self Employed

Better Loan Solutions in Mornington Peninsula • Services

Home Loans For Business Owners & Self Employed.

Being self-employed brings flexibility, opportunity - but it also brings complexity when applying for a home loan. Lenders assess your income differently; profitability, business structure, and seasonal or variable income all come into play. Many business owners tell us they feel penalised for what looks messy on paper, even when the business is doing well.

At Smart Mortgage & Lending, we specialise in helping business owners like you demonstrate your income, optimise your profit, and gain the confidence to borrow what you deserve.

Here are some of the challenges you might face:

Proving consistent income in a company structure rather than through payslips
Dealing with variable or seasonal revenue
Showing business expenses and deductions without reducing your borrowing power unfairly
Time pressures gathering financial statements, tax returns, profit & loss, etc

How We Help Business Owner Applicants

We know small business – because we are small business. Our multi-service team combines lending, accounting, and tax advisory so that you get holistic support. Here’s what we do to help:

We work with your accountant or prepare financials to clearly show your income and profit in the best light.
We guide you on which lenders are more favourable for business-owner income, and advise which business structures may help you present income more strongly.
We help manage expectations, including what borrowing capacity is realistic given your profit, company structure, and seasonal or variable revenue.
We streamline the documentation process: get your tax returns, financial statements, company profit & loss ready and neatly organised.

Already a Smart client? Even better.

If we already support you with your accounting and tax, there’s nothing more for you to do. We have the full financial picture and can get to work straight away - making the process smoother, faster, and focused on getting you the best outcome..

Business Loan FAQs

What Lenders Look For: Communicating Business Income & Profit

To make your home loan application as strong as possible, you’ll want to show lenders a clear picture of your business finances. Here’s how to do that:

What to Prepare

Why It Matters / What Lenders Want

Up-to-date financial statements (Profit & Loss, Balance Sheet)

Lenders use these to assess net profit, ongoing expenses, and company liabilities.

Tax returns for past 2–3 years

Shows your income trend over time; helps smooth out seasonal or variable income.

Evidence of consistency & stability

If your income fluctuates, showing stable past revenue helps.

Clear separation of business vs personal expenses

Reduces ambiguity; helps lenders see “real” profit.

Demonstrated track record of profit, not just revenue

Lenders focus on what remains after business costs.

Accounting for seasonal or cyclical variations

If your business has busy and lean periods, showing cashflow forecasts or average income over several years helps.

Tips

Present your financials in a neat, clear format: summarised profit & loss, with key items highlighted.
Avoid unnecessarily large expenses in “other” categories without explanations.
If profit in some years is low (due to seasonal business or startup phase), include commentary or context (e.g. forecasted income, new contracts) where you can.
Use your accounting/tax advisory support to ensure everything aligns (e.g. expense deductions are valid, profit is real, business debts or liabilities are documented).

Can I still get a good borrowing capacity if my income varies seasonally?

Yes. We help lenders see your income over time (averaged out), take into account cashflow patterns, and demonstrate your capacity based on sustainable profit. This can include relying on 2–3 years of tax returns and financials to show the trend.

Will my company structure affect my home loan?

Often yes. The way your business is structured (For example, Pty Ltd) influences how income and profit are presented, what expenses are allowable, and how stable your financials look. We help you understand how that structure plays into lender requirements.

How much documentation do I need?

You’ll generally need financial statements (profit & loss, balance sheet), tax returns, company records, plus evidence of ongoing business activity. We help you gather what’s needed and advise on how to make it lender-friendly.

How long does the process take?

It depends on how organised your financials are and how busy your business is. With proper financials and cooperation, we aim to make the application process as smooth and quick as possible.

Need help?
Ask an expert.

Borrowing with confidence.

Supporting business owners in securing a home loan that works as hard as their business does.

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