I'm self-employed, can I apply for a Tiimely Own home loan?

es, absolutely. It’s the same application for all home loan variations however there are some eligibility requirements you’ll need to prepare:

• provide your registered ABN
• have been self-employed for at least 1 year
• provide your most recent business tax return AND your most recent personal tax return together with the notice of assessment
• be registered for GST If your turnover is more than $75,000p.a.
• have a good credit history
• meet our standard eligibility criteria

Note: Financial validation requirements – Tiimely Own home loans require a years' worth of up-to-date tax returns or business financial statements.

The only difference as a self-employed person compared to a PAYG customer, is that we won’t be able to instantly validate your income by linking your bank accounts.

Instead, you’ll need to upload your business financial statements and tax returns, as well as your personal tax returns and notice of assessment. Then one of our team of Credit Assessors will review them to assess your application. It’s not as fast as our tech, but you’ll still get an answer much faster than your average lender, because they're only checking the parts of your application that our tech couldn't.

Learn more about applying as a self-employed applicant here.