Proof of standard income - that is what the major banks ask you to provide when it comes to applying for a home loan. But it is not something that we always have, especially for those who are self-employed or working part-time, which is around 17% of Aussies.1
In fact 26% of Aussies that were turned down for a loan were refused because they were either self-employed or work part-time.2
So what's next? Watch the full video below:
At Pepper Money, we get real life and that the workforce is changing. That's why we have designed a flexible home loan product specifically for the self-employed. Call us today and talk to a Lending Specialist about your home loan needs on 13 73 77, or enquire online.
All applications are subject to Pepper's normal credit assessment and loan suitability criteria. Terms, conditions, fees and charges apply.
This article provides you with factual information only, and is not intended to imply any recommendation about any financial product(s) or constitute tax advice. If you require financial or tax advice you should consult a licensed financial or tax adviser. Neither Pepper nor its related bodies, nor their directors, employees or agents accept any responsibility for loss or liability which may arise from accessing or reliance on any of the information contained in this article. For information about whether a Pepper loan may be suitable for you, call Pepper on 13 73 77 or speak to an accredited Pepper Money broker.