Self Employed

RAMS Says No To Low Doc Loans

personOtto Dargan access_timeApril 1, 2019

Major lender RAMS have pulled up stumps on low doc loans, a bombshell for self-employed borrowers who are unable to provide traditional income evidence. The good news? There are a select few lenders offering low doc and even no doc home loan solutions. Call us on 1300 889 743...

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How To Beat The Banks As A Self-employed Borrower

personOtto Dargan access_timeApril 24, 2015

Are you self-employed and looking to buy a property? Did you know that some lenders can be tough when it comes to self-employed borrowers? The most recent data from the Australian Bureau of Statistics found that around 17.2% of the Australian workers are self-employed meaning...

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11 Reasons Your Home Loan May Be Declined

personOtto Dargan access_timeFebruary 26, 2015

Has your home loan application ever been knocked back by a bank? Many lenders in Australia are quite strict when it comes to allowing people to borrow money for a home and chances are one of these 11 reasons will be the basis for why your application is knocked back. Keep in...

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Can Contract Workers Get A Home Loan?

personOtto Dargan access_timeDecember 16, 2014

Many Australians have chosen to take the leap into contracting and freelancing not only to secure better pay but to have the flexibility to work their own hours in an organisation that will better appreciate their skills and experience. In fact, the most recent ABS Forms of...

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What Causes Home Loan Defaults?

personOtto Dargan access_timeJune 16, 2014

Many Australians believe that rising interest rates have the biggest impact on the rate of mortgage defaults. Although high interest rates do put pressure on homeowners, the reality is that there are a number of other factors that play a larger role in perpetuating ‘mortgage...

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How Banks Read Your Payslips

personOtto Dargan access_timeJune 3, 2014

When you apply for a home loan you’ll be asked to provide certain documents to support what you have written on your application form. One of the most important documents, and most poorly understood, are your payslips. What do the banks need? Most lenders will ask for your...

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Can You Use Your Super As A Deposit?

personOtto Dargan access_timeMarch 12, 2014

Should Australians be allowed to dip into their superannuation for the deposit on their first home? Treasurer Joe Hockey recently floated this idea when speaking with Sunrise‘s David Koch last Friday and it has since roused the ire of members of the Labor Party and former...

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Why Do Small Businesses Fail?

personOtto Dargan access_timeAugust 23, 2011

We’ve all heard that a high percentage of small businesses fail in their first five years. Only around one in ten are still around for their sixth year! This is an incredible statistic, and highlights just how hard it is for entrepreneurs to get their ideas off of the ground. So...

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