ASIC Regulated
ASIC Regulated
Best Interest Duty
Best Interest Duty
Best Interest Duty
120+ Lender Access
120+ Lender Access
120+ Lender Access
Self-Employed Buyers
Self-Employed Buyers
Home Loans That Understand Self-Employed Income
A self-employed home loan is not necessarily a different type of mortgage. The difference is how the lender verifies your income and decides what you can afford to borrow.
HOW WE CAN HELP
We review your business structure and financial documents before calculating the income different lenders may accept. Prestige then matches your application with suitable policies, identifies any missing information and presents your financial position clearly.
We review your business structure and financial documents before calculating the income different lenders may accept. Prestige then matches your application with suitable policies, identifies any missing information and presents your financial position clearly.
Working for Yourself Should Not Mean Missing Out
There is no separate home buyer grant just for self-employed Australians. The good news is that working for yourself does not automatically exclude you from the schemes available to other buyers.
Your eligibility will usually depend on factors such as your property ownership history, deposit, taxable income, citizenship or residency, property value and whether you plan to live in the home. You must also meet the participating lender’s credit and income-verification requirements.
Australia-Wide Home Buyer Schemes
Scheme | What It Could Provide | What Self-Employed Buyers Should Know |
|---|---|---|
Australian Government 5% Deposit Scheme | Eligible first home buyers may purchase with a minimum 5% deposit without paying Lenders Mortgage Insurance. Eligible single parents and legal guardians may apply with a minimum 2% deposit. | There are no income caps or waitlists, but property price caps apply. You must also satisfy a participating lender’s home loan requirements using acceptable evidence of your self-employed income. |
Help to Buy Scheme | Purchase with a minimum 2% deposit, with the Australian Government contributing up to 30% of an established home or 40% of a new home. | Your income eligibility is based on the taxable income shown on your previous financial year’s ATO Notice of Assessment. The Government shares in future gains or losses based on its ownership percentage. |
First Home Super Saver Scheme | Use eligible voluntary super contributions to help build your first-home deposit. Up to $15,000 of contributions from one financial year and $50,000 across all years may count towards the scheme limits. | This can be particularly useful for sole traders and business owners making their own voluntary super contributions. Speak with your accountant before contributing or requesting a release. |
Help to Buy can be combined with eligible grants, stamp duty concessions and the First Home Super Saver Scheme. However, it cannot generally be combined with another government guarantee, loan or shared-equity home buying program.
Grants and Duty Concessions Across Australia
State or Territory | Current First-Home Support |
|---|---|
New South Wales | A $10,000 grant may be available for an eligible new or substantially renovated home. First home buyers may pay no transfer duty on homes valued up to $800,000, with a concession available above $800,000 and below $1 million. |
Victoria | A $10,000 grant may be available for an eligible new home valued up to $750,000. First home buyers may pay no duty up to $600,000 or receive a concession from $600,001 to $750,000. |
Queensland | A $30,000 grant is available for eligible new homes. Eligible first home buyers may pay no duty on a new home or vacant residential land, with no property value cap. A separate concession may apply to established homes valued below $800,000. |
Western Australia | A $10,000 grant may be available for an eligible new home. First home buyers may pay no duty on homes up to $600,000, with concessions available up to $800,000. Separate thresholds apply to vacant land. |
South Australia | A grant of up to $15,000 may be available for an eligible new home. Current contracts may also receive full stamp duty relief on eligible new homes, off-the-plan apartments or vacant land, with no property value cap. |
Tasmania | A $20,000 grant may be available for eligible new-home transactions commencing between 1 July 2026 and 30 June 2027. The previous established-home duty exemption ended on 30 June 2026. |
Australian Capital Territory | The First Home Owner Grant has closed. From 1 July 2026, eligible buyers may pay no conveyance duty under the Home Buyer Concession Scheme, with all residential property types included and no property value limit. |
Northern Territory | The HomeGrown Territory Grant provides up to $50,000 for eligible first home buyers purchasing or building a new home. Eligible previous owners may receive $30,000 through FreshStart. A stamp duty exemption may also apply to qualifying house-and-land packages. |
What Self-Employed Buyers Need to Consider
The Purchasing Name Matters
Many grants and concessions require the property to be purchased by individuals. Buying through a company, partnership or trust may make you ineligible, even if the property will be your home. Confirm the ownership structure with your broker, accountant and solicitor before signing a contract.
A Grant May Not Cover Your Upfront Deposit
Grant payment timing varies. You may still need your own funds for the contract deposit, conveyancing, inspections, loan costs and any difference between the purchase price and lender valuation.
Business Debts Still Count
Equipment finance, business credit cards, overdrafts, personal guarantees and ATO payment arrangements may affect your borrowing power. Lenders may also check that using business funds for a deposit will not leave the business short of working capital.
Let Us Check What You Can Access
Prestige can review your income structure, identify the grants or schemes that may apply and compare participating lenders that are comfortable with self-employed borrowers.
You will know what you may qualify for, what documents are required and how much cash you need before you start making offers.
Working for Yourself Should Not Mean Missing Out
There is no separate home buyer grant just for self-employed Australians. The good news is that working for yourself does not automatically exclude you from the schemes available to other buyers.
Your eligibility will usually depend on factors such as your property ownership history, deposit, taxable income, citizenship or residency, property value and whether you plan to live in the home. You must also meet the participating lender’s credit and income-verification requirements.
Australia-Wide Home Buyer Schemes
Scheme | What It Could Provide | What Self-Employed Buyers Should Know |
|---|---|---|
Australian Government 5% Deposit Scheme | Eligible first home buyers may purchase with a minimum 5% deposit without paying Lenders Mortgage Insurance. Eligible single parents and legal guardians may apply with a minimum 2% deposit. | There are no income caps or waitlists, but property price caps apply. You must also satisfy a participating lender’s home loan requirements using acceptable evidence of your self-employed income. |
Help to Buy Scheme | Purchase with a minimum 2% deposit, with the Australian Government contributing up to 30% of an established home or 40% of a new home. | Your income eligibility is based on the taxable income shown on your previous financial year’s ATO Notice of Assessment. The Government shares in future gains or losses based on its ownership percentage. |
First Home Super Saver Scheme | Use eligible voluntary super contributions to help build your first-home deposit. Up to $15,000 of contributions from one financial year and $50,000 across all years may count towards the scheme limits. | This can be particularly useful for sole traders and business owners making their own voluntary super contributions. Speak with your accountant before contributing or requesting a release. |
Help to Buy can be combined with eligible grants, stamp duty concessions and the First Home Super Saver Scheme. However, it cannot generally be combined with another government guarantee, loan or shared-equity home buying program.
Grants and Duty Concessions Across Australia
State or Territory | Current First-Home Support |
|---|---|
New South Wales | A $10,000 grant may be available for an eligible new or substantially renovated home. First home buyers may pay no transfer duty on homes valued up to $800,000, with a concession available above $800,000 and below $1 million. |
Victoria | A $10,000 grant may be available for an eligible new home valued up to $750,000. First home buyers may pay no duty up to $600,000 or receive a concession from $600,001 to $750,000. |
Queensland | A $30,000 grant is available for eligible new homes. Eligible first home buyers may pay no duty on a new home or vacant residential land, with no property value cap. A separate concession may apply to established homes valued below $800,000. |
Western Australia | A $10,000 grant may be available for an eligible new home. First home buyers may pay no duty on homes up to $600,000, with concessions available up to $800,000. Separate thresholds apply to vacant land. |
South Australia | A grant of up to $15,000 may be available for an eligible new home. Current contracts may also receive full stamp duty relief on eligible new homes, off-the-plan apartments or vacant land, with no property value cap. |
Tasmania | A $20,000 grant may be available for eligible new-home transactions commencing between 1 July 2026 and 30 June 2027. The previous established-home duty exemption ended on 30 June 2026. |
Australian Capital Territory | The First Home Owner Grant has closed. From 1 July 2026, eligible buyers may pay no conveyance duty under the Home Buyer Concession Scheme, with all residential property types included and no property value limit. |
Northern Territory | The HomeGrown Territory Grant provides up to $50,000 for eligible first home buyers purchasing or building a new home. Eligible previous owners may receive $30,000 through FreshStart. A stamp duty exemption may also apply to qualifying house-and-land packages. |
What Self-Employed Buyers Need to Consider
The Purchasing Name Matters
Many grants and concessions require the property to be purchased by individuals. Buying through a company, partnership or trust may make you ineligible, even if the property will be your home. Confirm the ownership structure with your broker, accountant and solicitor before signing a contract.
A Grant May Not Cover Your Upfront Deposit
Grant payment timing varies. You may still need your own funds for the contract deposit, conveyancing, inspections, loan costs and any difference between the purchase price and lender valuation.
Business Debts Still Count
Equipment finance, business credit cards, overdrafts, personal guarantees and ATO payment arrangements may affect your borrowing power. Lenders may also check that using business funds for a deposit will not leave the business short of working capital.
Let Us Check What You Can Access
Prestige can review your income structure, identify the grants or schemes that may apply and compare participating lenders that are comfortable with self-employed borrowers.
You will know what you may qualify for, what documents are required and how much cash you need before you start making offers.
Expert Lending Solutions
Who We Can Help
Who We Can Help
Full-time, part-time, casual, agency or self-employed, your work situation shouldn’t stop you from exploring your options.
Full-time, part-time, casual, agency or self-employed, your work situation shouldn’t stop you from exploring your options.
Full-time, part-time, casual, agency or self-employed, your work situation shouldn’t stop you from exploring your options.
The PRESTIGE Differernce
Our Process
Our 98% approval rate reflects the work we do before an application reaches a lender.
With Prestige’s experienced team guiding you throughout, you’ll have a clear picture of your position, understand the next steps and stay informed as your application progresses.
Free Chat
/ 01
Call, chat or visit the Prestige team for a free initial assessment.
Tell us about your home-buying or refinancing goals, timeframe and budget.
We’ll review your income, expenses, assets and liabilities to understand your borrowing capacity and what may be achievable.
Free 30-minute Chat
No-Obligation
Phone, Text, Video Call, In-person
Free Chat
/ 01
Call, chat or visit the Prestige team for a free initial assessment.
Tell us about your home-buying or refinancing goals, timeframe and budget.
We’ll review your income, expenses, assets and liabilities to understand your borrowing capacity and what may be achievable.
Free 30-minute Chat
Phone, Text, Video Call, In-person
No-Obligation
Free Chat
/ 01
Call, chat or visit the Prestige team for a free initial assessment.
Tell us about your home-buying or refinancing goals, timeframe and budget.
We’ll review your income, expenses, assets and liabilities to understand your borrowing capacity and what may be achievable.
Free 30-minute Chat
Phone, Text, Video Call, In-person
No-Obligation
Loan Strategy
/ 02
Loan Strategy
/ 02
Loan Strategy
/ 02
Pre-Approval
/ 03
Pre-Approval
/ 03
Pre-Approval
/ 03
Formal Approval
/ 04
Formal Approval
/ 04
Settlement
/ 05
Settlement
/ 05
Ongoing Support
/ 06
Ongoing Support
/ 06
Formal Approval
/ 04
Settlement
/ 05
Ongoing Support
/ 06
Enquire with Us
Tell us about your goals, and we'll take it from there.
Enquire with Us
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THE HONEST WORDS
"This has honestly been one of the best financial experiences I’ve ever had, and I would confidently recommend this group to anyone looking for a home loan or financial advice."
I’m genuinely grateful to the entire team. From the broker to the accountant and even the receptionist, everyone was incredibly professional, patient, and supportive. They guided me through my home loan process from start to finish, always taking the time to explain everything clearly and making sure nothing was overlooked. Their teamwork and organization gave me complete peace of mind.
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SANAZ H. -
Homeowner
