money bag icon How much can I borrow?

  • Borrow up to 90% of the property value with a specialist lender. 95% on a case by case basis (stricter lending criteria apply).
  • Borrow up to 85% of the property value that includes the combined value of your tax debt and your current mortgage.
  • Borrow up to 80% of the property value with a low doc loan (stricter lending criteria apply).

question mark icon Will I get approved?

  • You must already own a property that you can use as security for the loan.
  • You must have a reasonable explanation if you are overdue with your repayments or have a bad credit history.
  • You must be able to prove that you can afford the new mortgage using payslips, BAS, tax returns, bank statements and/or an accountant’s letter.
  • Try to avoid the ATO taking legal action against you or lodging a caveat on your home, as this may prevent us from using some of our lenders.
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Select banks and non-bank lenders available. Contact us to learn more.


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There are lenders that will consider a home loan even if you have ATO tax debt.

There are lenders that will consider ATO debt

All Australians are required to lodge a tax return each financial year, but for the self-employed, this is complex and time-consuming, so it often doesn’t get done on time.

In addition, many people make mistakes on their tax returns which can come back to bite them years later.

Have you got a large debt with the tax office? Read on to find out how you can refinance your tax bill and consolidate your mortgage.

Can I refinance my tax debt?

Yes, you can.

You probably already know that most banks will not approve a loan to refinance an outstanding tax bill from the Australian Taxation Office (ATO).

However, we can help you borrow up to 90% of the value of your property (90% LVR) with a specialist lender if you meet the following criteria:

  • Security: You must already own real estate, which can be used as security for the loan.
  • 85%-90% LVR: The tax debt plus your current mortgage must be less than 90% of the value of your property when combined. One of our lenders can do a 95% LVR tax debt refinance; however, the lending criteria are stricter.
  • Late repayments: If you are overdue with your repayments or have a bad credit history, then you must have a reasonable explanation.
  • Income evidence: You must be able to prove that you can afford the new mortgage using payslips, BAS, tax returns, bank statements and/or an accountant’s letter. Low doc loans are available on a case by case basis.

If you have equity in your property, then please call us on 1300 889 743 or enquire online to talk to one of our experienced mortgage brokers.


What are the benefits of refinancing your tax debt?

Paying your ATO tax debt off by refinancing allows you to:

  • Avoid high-interest rate debts such as business loans.
  • Manage your finances and cash flow better by consolidating your tax debt and other debts (if any) by rolling them into a single mortgage repayment.
  • Keep your credit file clear since overdue ATO tax debt now appears on your credit file. Having an adverse listing on your credit file can also make it difficult to qualify for good interest rates in the future.
  • Save on interest paid on the ATO tax debt. The interest rate paid on your tax debt is the general interest charge (GIC), which stands at 7.01% p.a. for April – June 2021. Generally, home loan interest rates even with specialist lenders, are significantly lower than the GIC rate.

However, taking out a tax debt loan has some disadvantages:

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We get a complete understanding of where you’re at and what your ultimate goals are.
You’ll get a recommendation in just a few simple steps.

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Complete our free assessment form or call us.

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We assess your situation.

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We look at all the options from our panel of lenders.

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We will find you the most suitable home loan deals.

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