Posts
All the articles I've posted.
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Using a Guarantor to Secure a Loan When Self-Employed Income Proof Isn't Enough
In the 12 months to March 2025, APRA’s serviceability floor for non-bank low-doc lending held firm at 3.0 percentage points above the product rate, while six…
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How to Finance an Investment Property Without Tax Returns Using Alt-Doc Lending
Borrowing conditions for self‑employed Australians deteriorated sharply through 2024, not because their businesses weakened but because the standard credit r…
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Can You Purchase a Commercial Property with a Low-Doc Home Loan?
Following the 13th rate rise that pushed the official cash rate to 4.35% in November 2023, self-employed borrowers who have leaned on low-doc home loans to r…
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Differences Between Low-Doc and No-Doc Home Loans in Today's Australian Market
Since the Australian Prudential Regulation Authority (APRA) removed the interest-rate floor from its serviceability assessment guidance on 10 July 2023, the…
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How to Improve Your Credit Score as a Self-Employed Borrower Before Applying
The self‑employed borrower’s credit score has rarely been as consequential as it is now. While the Reserve Bank of Australia has held the cash rate at 4.35%…
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Essential Documents a Mortgage Broker Requests from a Self-Employed Client
Self‑employed borrowers sit at the intersection of the Reserve Bank’s most aggressive tightening cycle in a generation and a mortgage market that no longer t…
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How Serviceability Is Calculated for a Sole Trader with Large Profit Fluctuations
Sole trader loan applications have entered a period of quiet recalibration. In July 2024, the Australian Taxation Office confirmed its small business income…
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How NAB's Specialist Lending Team Assesses Self-Employed Borrowers
APRA’s serviceability buffer, now entering its third year of enforcement, continues to reshape the borrowing capacity of self-employed applicants. When the r…
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Westpac's Specific Documentation Requirements for Self-Employed Home Loan Applicants
For self-employed Australians, the gulf between what Westpac requests and what other lenders accept has rarely been wider. Since APRA cemented its 3-percenta…
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Splitting Partnership Income for a Joint Home Loan Application: What Lenders Accept
The Australian Taxation Office’s updated Practical Compliance Guideline PCG 2024/1, released 1 July 2024, marks the most significant shift in how partnership…
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When Do Lenders Consider Trust Profit Distributions as Personal Income?
Trust distributions sit at the intersection of tax efficiency and lending friction for Australia’s self-employed borrowers. A client’s latest trust tax retur…
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Can a Company Director with Only 6 Months of Trading History Get a Mortgage?
The Reserve Bank of Australia held the cash rate at 4.35 per cent through its July 2024 meeting and APRA has kept the serviceability buffer at 3.0 percentage…