Being Self-Employed & the Misconceptions about Borrowing | Explained In under 8 minutes | Tax returns, Debt & ABN Registry

In this short 8-minute episode, Host Lee breaks down common misconceptions about being Self-employed and your borrowing power for a Home Loan. “Do I have to pay myself a salary to be able to borrow? I have only had my ABN registered for a year…Is that enough? I haven't done my tax return, does that affect my borrowing capacity”? As Lee answers all your Self-employment questions, these common misconceptions are delved into further detail within 8 minutes so you don’t have to do research for hours.  Many Lenders have various time frames and policies so it’s important to find a Broker that you trust, to help you navigate your home purchasing journey. Leave a comment down below if your question wasn’t answered and Lee can answer it in a future episode. https://www.innovativehomeloans.com.au/ Disclaimer: The topics, conversation, opinions and discussion provided in this episode are general in nature and does not take into account your personal needs and requirements. As a listener you should not take or use the information discussed as financial advice. We always recommend that you engage in independent financial advice before making any finance decisions.