Self-employed
Self-employed
From 6.99% variable rate & 7.25% comparison rate
Residential – Our Self-Employed Loans are exclusively tailored for the self-employed community. We offer alternative options for income verification, streamlining financing accessibility for self-employed individuals. Whether you're a freelancer, business owner, or entrepreneur, our loans provide customized support to help you reach your financial objectives. At Scottie Financial, we recognize the distinct financial requirements of the self-employed and are committed to providing assistance.
Key Benefits
Customized Assistance for Self-Employed Individuals
Our loans are expressly crafted to address the financial requirements of self-employed individuals, providing tailored assistance.
Non-traditional Income Verification
Take advantage of alternative income verification options, enhancing accessibility to financing for self-employed individuals.
Tailored Assistance
Each loan application is handled on an individual basis, ensuring personalized service tailored to accommodate your unique needs and circumstances.
Full Doc
Our Self-Employed Full Doc loan is accessible to self-employed borrowers who can provide comprehensive income verification through two-year financial records.
Current Rate^: 6.99%
Comparison Rate*: 7.25%
Security Type: Residential security
Loan Purpose: Any worthwhile purpose (incl. cash out)
Verification Required: Last 2 pay slips and employment reference or last 2 years financials
Personal or Business/Investment Purposes: Both
Minimum Loan Amount: $100,000
Maximum Loan Amount: $25,000,000 (70% LVR), $5,000,000 (75% LVR), $2,000,000 (80% LVR)
Maximum LVR: 95%
Lenders Mortgage Insurance Required: >80%
Maximum Loan Term: 30 Years
Repayment Type: Principal & Interest
Maximum Interest Only Term: 5 Years reverting to P&I (+0.40% p.a. loading to interest rate)
Interest Rate Type: Variable
Redraw Available: Yes^
Application Fee (Excl. Val. & Legal Fees): from $995
Risk Fee: $0
Additional Repayments: Yes
Low Doc
Our Self-Employed Low Doc loan is open to borrowers who prefer alternative methods of income verification, such as BAS statements or a letter from their accountant.
Current Rate^: 7.59%
Comparison Rate*: 7.86%
Security Type: Residential security
Loan Purpose: Any worthwhile purpose (incl. cash out)
Verification Required: Accountant’s letter or Trading Statements or BAS
Personal or Business/Investment Purposes: Both
Minimum Loan Amount: $100,000
Maximum Loan Amount: $25,000,000 (70% LVR), $5,000,000 (75% LVR), $2,000,000 (80% LVR)
Maximum LVR: 80%
Lenders Mortgage Insurance Required: No
Maximum Loan Term: 30 Years
Repayment Type: Principal & Interest
Maximum Interest Only Term: 5 Years reverting to P&I (+0.40% p.a. loading to interest rate)
Interest Rate Type: Variable
Redraw Available: Yes^
Application Fee (Excl. Val. & Legal Fees): from 0.75%
Risk Fee: $0
Additional Repayments: Yes
Let's Get Lending From The Expert
We Are Here To Help
Scottie Financial was established because a much better way of delivering Australian specialist lending is available and overdue.
More than ever, brokers and borrowers need a specialist lending partner able to bring them:
✔️ A comprehensive and flexible product range
✔️ Competitive rates with no ongoing fees
✔️ Comprehensive digital operations, delivering faster and simpler approvals across all loans every time
✔️ A highly experienced Credit team equipped to deliver high quality service and results to all business partners.
Level 17, Angel Place, 123 Pitt Street, Sydney, NSW 2000
* Comparison rate calculated on a loan amount of $150,000 over a term of 25 years based on monthly payments. WARNING: This comparison rate is 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. The interest rate quoted is effective 4th December 2023, the actual interest rate applicable will depend on our assessment criteria. Terms, conditions, fees, charges and Scottie Financial lending criteria apply.
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