How to get a home loan if you are self-employed

Getting a home loan if you are self-employed can be difficult, especially when it comes time to prove your income. Banks can make it harder to secure finance.

The good news is, if you find a good finance broker, they can find the right deal for you.

It may be that you need to come up with a larger deposit, or pay what is known as mortgage insurance. In any case it is better to have a larger deposit rather than pay for mortgage insurance, but you may not have that option if you can`t access more funds for you deposit.