Self-Employed

You work hard enough, so getting a home loan should be simple.

2.5 million Australians
17% of the workforce
work for themselves.

 

We celebrate all business owners and entrepreneurs who take on that challenge. We were a start-up once, after all. 

So, while most home loans are still geared towards the 9 to 5 worker who are considered ‘lower risk’ for the lender, there are ways to do things differently to support the 17% (Trading Economics), like you. We’ve found them, and made them faster.

Personalise your loan
Deposit
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STARTING OUT

New business owner?

If you’ve been self-employed for less than two years, you can utilise our CO:Lab Accountant Verified home loan to give you an alternative way to demonstrate your income.

Financial validation requirements

Customer declaration and accountant verification.

Variable
Accountant Verified - P&I - Live In
From 5.69
% p.a.
Interest rate
5.83
% p.a.
Comparison rate
This loan is funded by La Trobe Financial, so their lending criteria will apply.
CO:LAB Products
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ESTABLISHED

Self-employed veteran?

If you have your ducks (and docs) in a row, Tic:Toc home loans are for you. More flexibility, at the best price.

Financial validation requirements

2 years’ worth of up-to-date tax returns or business financial statements.

Variable
P&I - Live In
3.27
% p.a.
Interest rate
3.28
% p.a.
Comparison rate
TIC:TOC Products
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A LITTLE MORE

Need a borrowing boost?

Tighter lending rules means you may need an alternative to borrow a little more. Our CO:Lab Variable loan may allow you to buy the home you want, sooner.

Financial validation requirements

2 years’ worth of current tax returns or business financial statements.

Variable
IO - Investment
5.19
% p.a.
Interest rate
5.27
% p.a.
Comparison rate
This loan is funded by La Trobe Financial, so their lending criteria will apply.
CO:LAB Products
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BUSINESS LENDING DONE DIFFERENTLY

Use your home equity to invest in your business

If you’re looking to finance your business, you may be able to secure a better rate on your loan by using your home as security. By refinancing with our CO:Lab home loans, you can release equity in your home for business purposes. In other words, you can have a business loan at home loan rates (and without the hassle of dealing with business lenders).

Financial validation requirements

2 years’ worth of current tax returns or business financial statements. Accountant verified option available

Variable
IO - Investment
5.19
% p.a.
Interest rate
5.27
% p.a.
Comparison rate
This loan is funded by La Trobe Financial, so their lending criteria will apply.
CO:LAB Products
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Legal things about our rates. No tricks.

Our rates are current as of 13 June 2019; available to all home loans approved on or after this date, and they can change. Our comparison rates are calculated for a $150,000 loan over 25 years. They factor in our fees associated with applying for the loan; our ongoing fees and our fees associated with leaving the loan. Our fixed and variable interest only loans roll to a variable principal and interest rate at the end of the fixed term. If the interest only period is not specified, the comparison rate is calculated on a one year period. These rates are:

WARNING: The comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Product Roll-to Rate
Live-in fixed P&I loans 3.37% p.a.
Live-in fixed and variable interest only loans 3.60% p.a.
Investment fixed and variable interest only loans 3.71% p.a.