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I'm self-employed, can I apply for a Qantas Money Home Loan?

Yes, you can. Simply follow our standard application process.

To be eligible, you’ll need to:

provide your registered ABN;
have been self-employed for at least 2 years;
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; and
meet our standard eligibility criteria.

Income Verification Options

If you're a self-employed individual with a company directorship, or you operate as a Sole Trader with an Australian Business Number (ABN), we may require additional income verification. This does not change the application process - just how we collect the information we need to assess your finances.

There are 2 options to streamline the income and expense verification for self-employed applicants who meet the above criteria:

Option 1 - Streamlined Self-Employed Verification

To be eligible, you'll need to:

Have a single income source and be:
- a sole proprietor, a partner in a joint business partnership, or a company director
- receiving a regular and consistent salary from the entity
Have a home-to-value ration of <80%
Provide your ABN that has been registered as trading for a minimum of 3 years prior to the application date
Provide evidence of at least 180 days of regular salary income with no variances in your linked bank account during the application process

We can assess your transaction history by digitally linking your bank account. Looking for more information about how we keep your finances secure? Check out our FAQs about how we manage data security and how we keep your online banking details safe.

If you prefer not to link your accounts digitally, you can choose to manually upload your accounts. All you will need to provide is:

2 recent and consecutive years of Notice of Assessment (the most recent cannot be more than 18 months old), and
Integrated Client Account Stated (ICAS)

Option 2 - Standard Self-Employed Verification

If you're not eligible for our simplified verification option, you can still apply for a Qantas Money Home Loan. We won't be able to verify your finances through linking your accounts, but we will manually assess your documentation. It may just take more time for our team to review your application, but we will aim to provide you with an answer sooner than the average lender.

You'll need to provide:

Sole Trader

Most recent personal tax returns
Notice of assessment (the most recent being <18 months old)

Partnerships & Company Directors

Most recent personal tax returns
Notice of assessment (the most recent being <18 months old)
Most recent business tax return
Supporting financial documents

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