If you’re self-employed, you’re likely waiting until May each year to complete last years tax returns, and as such this can present a challenge when wishing to purchase a property, refinance with cash out or gain a debt consolidation with your home loan.
This is also particularly challenging if your ABN is under two years old and/or you have had a marked increase in profits in recent times.
There are solutions out there for this situation that can assist you in managing your cash flow, or ensuring you do not miss out on that property you have your eyes set on.
We have lo doc options available from various lenders, including requirements for self declaration and accountant’s declaration to verify your income – very handy method for those that need a solution fast.
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