Self-employed loans

Low doc home loans for business owners and sole traders.


Did you know that around 17% of Australians are currently self-employed? If you’re one of them, you may experience a unique frustration when it comes to obtaining a home loan. Unfortunately, many mainstream home loans are still geared towards ‘9 to 5’ workers. Most require extensive documentation, like PAYG payslips, as proof of income. If you can’t tick all the boxes for a traditional home loan, a self-employed loan may be the solution you’ve been searching for.

At PAT Finance in Melton, we can help you bridge the gap between proof of income and home ownership. As self-employed loan specialists, we have access to lenders who offer low documentation (low doc) home loans. Rather than simply ticking a documentation checklist, low doc lenders assess your overall ability to service a loan. For many sole traders and small business owners, this provides a clear pathway to home ownership.

What documentation is needed for a self-employed loan?

It’s important to note that a ‘low doc loan’ doesn’t mean a ‘no doc loan’. Self-employed home loans still require you to provide some paperwork to support your application. The requirements differ between lenders, but may include:

  • A statutory declaration confirming details of your self-employment

  • Your Australian Business Number (ABN)

  • Evidence that you’ve been self-employed in the same field for 12 months

  • Your most recent Business Activity Statements (BAS), verified by the ATO

  • Copies of recent bank account statements

We will guide you through the requirements of each suitable self-employed loan product to find one that fits. That includes navigating potential restrictions, such as higher interest rates, larger deposits and Lenders Mortgage Insurance (LMI). Even if you have credit challenges, we have access to credit impaired loans that may suit your needs. 

Other finance options for your business

As well as helping you finance your home with a self-employed loan, we offer other solutions to grow your business. These include business loans, car loans and equipment finance.

Book a FREE home loan assessment

Book a free assessment at our Melton office to talk about self-employed home loan options. We work with small businesses and sole traders across Melton, Bacchus Marsh, Sunbury, Caroline Springs and beyond.