In this article:
Resi makes it easier for you to look after more of your self-employed clients and their individual needs.
Through their unique product range consisting of: Essentials Options, Select, Renew or Agility a solution is sure to be found.
Where a self-employed applicant has not completed his current tax returns, alternative means of considering income can be considered. These include:
ALT DOC Options: Where current tax returns have not been completed, serviceability assessment can be completed by using one of the following income verifications: Accountants Letter, 6 months BAS or Business Bank Statements.
Directors’ Salary – Many self-employed people pay themselves a wage, which is often more than enough to cover their home loan repayments. Resi provides a solution to use this income without sending through company financials.
Most Recent Financials – whether it’s only 1 year, 2 years or the most recent tax return supported by the most recent 6 months BAS – this full doc option through a prime solution should be one to consider.
For more information click here or please contact broker support or your BDM.