The "New Business" Brick Wall
I’ve been running my own show in Townsville for almost two years now, and business is great, but the big banks act like I started yesterday. I need a mortgage broker who specialises in self-employed loans and doesn't run for the hills when they see an ABN. Has anyone found a broker up here who can get a loan approved with only one year of financials? Or am I stuck waiting another twelve months while house prices keep climbing?
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I hear you — lots of self-employed people feel stuck because big banks treat everyone like a fresh startup. The right mortgage broker for self employed Bundaberg can make a huge difference by knowing which lenders accept alternative evidence of income, like one year of financials, bank statements, or BAS instead of the usual two full years of tax returns. It’s not guaranteed, but a specialist broker doesn’t panic at an ABN and can often negotiate solutions that mainstream lenders overlook. You might not have to wait 12 months if you find the right advocate.