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  1. Peter_Tersteeg

    Trouble getting a loan due to newly self employed

    If you're at an 80% LVR or lower they can be a bit more flexible. If your LVR is above 80% you get into mortgage insurance territory and it can become harder. If you can demonstraite that you're earning a similar income to what you were before, then you should be okay. The hard part can be...
  2. Peter_Tersteeg

    Trouble getting a loan due to newly self employed

    There are a few lo doc loans out there where you only need an ABN for 6 months. The more deposit you have, the better deal you'll get. Yours is a common problem for newly self employed. I've seen this in contractors quite a few times. One job they're PAYG contractors, then they decide to...
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