Links Property Finance · Mortgage broker for low deposit buyers, Sydney: Home Loans for Accountants

Some do: certain lenders extend professional concessions to qualified accountants, including higher loan-to-value ratios with lenders mortgage insurance waived. It is not universal, and eligible qualifications and memberships differ between lenders.

It is worth checking before saving toward a twenty per cent deposit, because the waiver may mean you never needed one.

Generally on your distributions plus any salary component, supported by two years of evidence and the partnership's own financials.

Lenders differ on how they treat a rising trend, whether they average the two years or use the latest, and how they handle retained amounts. Those differences are usually worth more than any rate negotiation.

It can, and it depends entirely on the lender. Some assess only what is distributed to you personally, which can make a profitable practice look modest.

Others look through to the underlying profit where the structure is documented and you control the entity. Matching the file to a lender that reads your structure properly is the core of the work.

Usually yes, since most lenders want the most recent financials, and an unlodged return raises questions. The better question is what goes into it. Deliberate choices about depreciation, super contributions and drawings all affect the assessable figure, so the conversation belongs before lodgement rather than after.

Not necessarily. Some lenders assess self-employed applicants on one year of financials where the ABN has been registered longer and the rest of the file is strong, and alt-doc routes exist where the paperwork lags a sound business. The one-year scenario works through how such a file is placed.