Do you charge a fee for self-employed home loans?

For most residential loans, there's no direct fee to you. We're typically paid by the lender if your loan settles. Some scenarios may involve a fee — we'll always explain this upfront.

How many lenders do you have access to?

We can compare options across 40+ lenders, including major banks and specialist non-bank lenders who understand self-employed income.

Can I get a home loan if I'm self-employed?

Yes. Many lenders have options for self-employed borrowers, including low doc and alt doc pathways using BAS statements, bank statements, or accountant declarations instead of full tax returns.

What is a low doc home loan?

A low doc (low documentation) home loan allows self-employed borrowers to verify income using alternative documents such as BAS statements, bank statements, or an accountant's letter, rather than full tax returns.

How long does home loan approval take for self-employed borrowers?

Typically 5–10 business days from submission to approval, depending on the lender and documentation. We prepare everything upfront to avoid delays.

What deposit do I need as a self-employed borrower?

Low doc loans typically require a 20% deposit. Full doc options may allow 10% or less. First home buyers may also access government schemes to reduce deposit requirements.

Self-Employed & Low Doc Loan Specialists

Specialist Lending for IT Contractors & Tech Professionals

Home Loans for IT Contractors — Your Contract Income Deserves Better

You earn excellent money on contract. But banks treat you like a risk because you don't have a permanent employment letter. We specialise in getting IT contractors approved using contract income, ABN history, and specialist lender pathways.

Check My Options — Free Consultation Call 1300 422 506

No full tax returns needed

BAS, bank statements, or accountant letter

40+ lenders

Including specialist non-bank lenders

Built for IT contractors

We understand your income structure

Why IT contractors get knocked back by the banks

It's not that you can't afford a home loan. It's that the banks don't understand how your income works. Here's what we see all the time:

Contract income isn't treated like permanent income

Banks often discount contract income or require 2+ years of continuous contracting history. Even high daily rates don't impress traditional lenders.

Gaps between contracts look like unemployment

A few weeks between contracts is normal in IT. Banks see gaps and assume instability — even when you have a new contract lined up.

Company structure reduces personal income

Many IT contractors operate through a Pty Ltd company. Banks assess company income differently, and some won't accept it at all.

High income but low taxable income

Salary packaging through your company, super contributions, and business expenses reduce your taxable income well below your actual contract rate.

How we get IT contractors approved

We know which lenders work with self-employed IT contractors and exactly how to present your application for the best chance of approval.

Contract-Based Lending

Some lenders assess your income based on your current contract rate rather than tax returns. If you have a current contract, this can significantly boost borrowing power.

BAS-Based Lending

Your BAS shows total business turnover. We use this to demonstrate consistent contract income to lenders who accept BAS as primary evidence.

Company Income Assessment

We know which lenders assess Pty Ltd company income favourably, including retained earnings, director salary, and dividends.

Bank Statement Assessment

Regular contract payments deposited into your business account show strong, consistent income. We use 3–6 months of statements to prove capacity.

Common scenarios we help IT contractors with

Buying your first home on a contract rate

Purchasing a home while between contracts

Investing in property with contract income

Refinancing after transitioning from permanent to contracting

Buying a home while operating through a Pty Ltd company

Upgrading to a larger home for your family

Australia's Self-Employed & Low Doc Loan Specialists

30+ years helping self-employed Australians get approved

Chris Brown, Managing Director of New Vision Financial Services, has spent over three decades in banking and finance. He understands the frustration of being told "no" by a bank when you know you can afford the repayments. That's why New Vision specialises in finding the right lender for self-employed borrowers.

We don't just submit your application and hope for the best. We strategically match your income profile with lenders who understand self-employed income — and we present your application in the strongest possible light.

Book Free Consultation Call 1300 422 506

40+

Lenders on panel

30+

Years experience

FBAA

Fully accredited

Australia

Wide service area

FAQs for self-employed IT contractors

Can I use my contract rate to calculate borrowing power?+

Yes. Some lenders use your current contract rate (annualised) to assess income, which can be significantly higher than your taxable income.

I'm between contracts — can I still apply?+

Yes. If you have a history of continuous contracting and strong prospects, some lenders will still assess your application favourably.

I operate through a company — does that complicate things?+

It can with some lenders, but we know which ones assess company income well. We structure applications to maximise your borrowing capacity.

How long do I need to have been contracting?+

Most lenders want 12–24 months of contracting history. Some accept less if you have a current contract and prior industry experience.

What deposit do I need as an IT contractor?+

Contract-based lending may allow standard deposits (10–20%). Low doc options typically require 20%. Your specific situation determines the best pathway.

Still have questions?

Book a free, no-obligation consultation and we'll walk you through your options.

Send an Enquiry Call 1300 422 506