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Get the Right Mortgage Solutions for the Self-Employed

Turning the self-employed’s dream of homeownership a reality with the right mortgage solution

Self Employed Mortgage Advisor For A Secured Investment

One of the major advantages of working for oneself is that it combines freedom with creative control. However, when buying a house, self-employed workers often face obstacles. Standard mortgage applications only sometimes favour those with varying earnings.
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Understanding the Self-Employed Mortgage Hurdles

One prevalent hurdle self-employed borrowers often face is demonstrating a consistent income. This difficulty arises from irregular earnings typical in self-employment and the impact of utilising tax write-offs to maximise business benefits. While these write-offs are advantageous for your business, they can introduce complexities into the mortgage approval process.

Therefore, it is crucial to delve deeply into these obstacles and comprehend them thoroughly to equip yourself effectively for a prosperous mortgage application journey. At Mortgage Champions, we’re dedicated to turning your home-buying aspirations into a reality with expert mortgage advice for the self-employed.

Benefits of Selecting Mortgage Champions as Your Advisor

Choosing Mortgage Champions means gaining a dedicated partner who truly grasps the nuances of self-employment finances.
  • Tailored Financial Review: We understand that everyone’s financial narrative is distinct. By attentively listening, we develop tailored solutions aligning with your financial profile, ensuring a bespoke approach to your financial well-being.
  • Extensive Lender Network: Leveraging our extensive network of flexible lenders, we unlock many mortgage options specifically tailored to the self-employed. This guarantees that you have access to financial products that cater to and respect your unique circumstances.
  • Seamless Application Journey: Our experienced team will seamlessly navigate you through each phase of the mortgage application process right from the outset. This approach ensures that your application progresses smoothly and efficiently while valuing your time and contribution towards your financial goals.

We Are Beyond Ordinary Brokers

We pride ourselves on being facilitators of your dreams, and we do more than just broker deals. Our service is dedicated to understanding the specific needs of your financial life, with an eye for ensuring that buying your home, whether it’s your first or an addition to your property assets, is a straightforward and manageable process.

Our careful guidance helps you build a strong strategy for your home loan, tailor-made for every new chapter of your life. Choose Mortgage Champions for a lending experience designed to your needs.

Loan Options Beyond Self-Employed Mortgages

While we’re experts in self-employed mortgages, we offer much more. With us, your first home, refinancing needs, or property investments are in expert hands, and we get you suitable loans every time. Our service highlights include:
  • Refinancing Made Easy: Take the hassle out of managing your finances by exploring a range of loan options tailored to your budget and future financial aspirations. We have you covered if you’re looking to reduce your interest rates or shorten your loan term.
  • Property Investment Loans: Dive into the world of property investment with our flexible loan solutions. From buy-to-let mortgages to investment property loans, we provide the support you need to grow your financial portfolio.
  • Business Financial Support: Elevate your business with our finance options to enhance your enterprise’s potential. Whether you need working capital, equipment financing, or expansion loans, we’re here to help you achieve your business goals.
  • Personal and Car Loans: Our affordable loan products allow you to fulfil your aspirations or drive away in your dream car. Our personalised approach ensures you get the financial assistance you need without compromising your budget.
  • First-Time Buyers’ Help: Make your dream of owning your first home a reality with our competitive mortgage rates and expert advice. We guide you through home-buying, offering tailored solutions to suit your needs and financial situation.
Our skilled financial team at Mortgage Champions brings straightforward and complete advice, sharing your significant moments and the joy of a new home. Our client portfolio is our pride, and our unwavering commitment stands the test of time.

Why Choose Us for Self-Employed Mortgages?

We’re advocates first, brokers second. Our self-employed clients benefit from custom deals thanks to our refined process for effectively preparing and presenting their mortgage applications.

Mortgage Champions puts bespoke service front and centre. We amplify your financial profile, helping you gather documents and speak lenders’ language.

What Makes Our Service Different

We are all about clear conversations, openness, and constant client care. The mortgage process can be complicated, but we make it understandable and ensure you’re secure in your decisions. Our satisfied clients’ stories showcase our drive to exceed expectations.

Choose Us As Your Trusted Partner

Are you considering buying a home? Contact Mortgage Champions for an insightful consultation. Our dedicated mortgage advisor is here to help you realise your dream. For queries, get in touch with us at loans@mortgagechampions.com.au.

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FAQ's

How many years of accounts do I need to apply for a mortgage?
Most lenders require at least two to three years of full accounts to assess your average income, but some may accept less if you can demonstrate a stable or increasing income.
Can I get a mortgage if I've been self-employed for less than a year?
It’s challenging but not impossible. Some lenders may consider your application if you have a strong financial history, a large deposit, or are transitioning to a similar role as an employee.
How do lenders calculate my income if I'm self-employed?
If you’re a company director, lenders usually look at your net profit or salary plus dividends. They may take an average of two or three years to smooth out any fluctuations.
What types of mortgages are available to self-employed individuals?
Self-employed individuals have access to the same types of mortgages as employed individuals, including fixed-rate, variable-rate, tracker, and interest-only mortgages.
Can a self-employed mortgage advisor help me if I have bad credit?
Yes, they can advise you on improving your credit score and introduce you to lenders more willing to consider applications from individuals with less-than-perfect credit histories.
Are there any specific lenders specialising in self-employed mortgages?
While many mainstream lenders offer mortgages to self-employed individuals, some specialist lenders may be more flexible with their criteria. A self-employed mortgage advisor can help identify the best options for you.
How does the mortgage application process differ for self-employed individuals?
The application process is similar, but self-employed individuals need to provide more comprehensive proof of income and possibly face more scrutiny regarding their financial stability.
What happens if my income significantly varies each year?
Lenders may take an average of your income over the last two to three years or consider your lowest annual income to assess affordability.
How often should I review my mortgage as a self-employed individual?
It’s wise to review your mortgage regularly, at least every time your fixed term ends or if there are significant changes in your income or financial situation.
A fixed-rate mortgage keeps the same interest rate for the entire loan term, providing consistent monthly payments. An adjustable-rate mortgage might begin with a lower rate but could change later on. Consider how long you plan to stay home and how much monthly payment fluctuation you can afford.
A pre-approval is a preliminary evaluation by a lender to determine how much you can borrow. Obtaining pre-approval before searching for a house is strongly advised. It provides a clear budget and boosts your offer to sellers.

Ask us today

how you can benefit from it.

As Your Broker, We Offer You
  • We make the loan process as simple as possible for you.
  • Our team handles the loan process and negotiates the best rates for our customers.
  • A one-stop shop for clients to acquire or build the home of their dreams.
  • We are committed to providing you with all of the products, services, and support you need to achieve your goals.
  • We put the customer first, not the bank.
  • Accessing your borrowing capacity
  • Seamless pre-approval process
  • Connect you with the right people in the industry such as buyers advocates, conveyancers, and real estate agents in your preferred areas.
  • Customer service that exceeds our customers’ expectations.
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