Products
Standard Product Suite
Self Employed
Being self-employed offers numerous benefits, but obtaining a home loan can be challenging. At Well Nigh, we understand the unique hurdles self-employed individuals face, such as conservative lender assessments and the impact of declared taxable income. We offer tailored solutions to help you navigate these challenges.
Lenders often perceive self-employed income as lower due to business expense deductions, which can affect borrowing capacity. Additionally, proving income stability requires more documentation, such as two years of personal tax returns and business financials.
Well Nigh provides customized home loan products for self-employed borrowers, including Prime Full Doc, Lo Doc, and Flex Full Doc options. We cater to various self-employment durations and scenarios, including:
- 2 years and above self-employed (full financials)
- 1 year self-employed with 3 years ABN
- 6 months to 12 years self-employed
- We accept a wide range of add-backs, making it easier to qualify. Whether you’re a new business owner or have an established enterprise, our flexible funding solutions are designed to support your home loan needs.
- 2 years ABN with directors' salary only
- 12 months to 2 years self-employed
- Foreign self-employed (minimum 2 years in the industry)