← Home Loans & Finance
Low doc home loans for self-employed Melbourne borrowers.
Your business made $180,000 this year, but your last lodged tax return says $90,000. To a standard lender, you earn $90,000. A low doc home loan lets you prove your income with recent BAS, business bank statements or an accountant's letter instead. Expect about a 20% deposit and a slightly higher rate, and a plan from us to move you off it once your returns catch up.
Best Interests Duty
60+ lenders compared
Reviews after settlement
At a glance
60+
Lenders on our panel
BID
Best Interests Duty: we must act for you, not the bank
1 team
Broker and accountants under one roof
Our Values
Low doc home loans built on values that actually mean something
We're business owners ourselves, so we know tax returns often run a year behind real income. That's normal, not a red flag, and it shapes how we prepare your application.
Related services: Business owner home loans, Refinancing, Tax compliance
01
Owner Mindset
We run businesses too. Tax returns that lag a year behind real income is normal, not a red flag.
02
Well-Prepared Applications
Here's what most people miss: your BAS, bank statements and accountant's letter have to tell the same story. If they don't, the lender notices. We check before they do.
03
No Shortcuts
Low doc doesn't mean no checks. Lenders still test whether you can afford the loan, and we'll never stretch your income on paper to make a deal fit.
04
Expert Guidance
We know which lenders take which documents, and when you can move to a cheaper full-doc loan.
05
One Team
Our accountants sit down the hall. They can do your accountant's letter and get overdue returns lodged, so you're not paying low doc rates a day longer than you need to.
TOP LENDERS WE WORK WITH
With over 60+ lenders on our panel, some you've never heard of.
As a mortgage broker, we are governed by our 'Best Interest Duty', which ensures that we are looking out for you, your needs and goals versus a banks bottom line.
What we help with
Finance services built for self-employed borrowers.
Everything you need to go from 'my returns aren't done yet' to settled, then onto a cheaper loan.
01
Home Loan Pre-Approval
We secure a pre-approval based on the documents you actually have, so you can make offers and bid at auction with confidence.
02
Low Doc Document Check
We check your BAS, business bank statements and accountant's letter line up before a lender ever sees them.
03
Home Loans
We compare 60+ lenders, including specialist low doc lenders, to find the right rate and structure for your situation.
04
Refinancing
Once your tax returns are lodged, we look at moving you to a full-doc loan at a lower rate.
05
Tax Returns and Lodgements
Our accountants can catch up overdue returns and prepare your accountant's letter, all under one roof.
06
Property Wealth Planning
Once your finances are in order, we map out how your business income can build a property portfolio over time.
The process
How it works
01
Free chat
Tell us where you are now and what you want to achieve.
02
Borrowing and lender comparison
We assess your borrowing power and compare suitable lenders.
03
Pre-approval and application
We handle the paperwork and keep your application moving.
04
Settlement and reviews
We stay in your corner, from settlement to regular loan reviews.
FAQ
If these problems sound familiar, you're not alone.
The low doc problems we see most, and exactly how we solve them.
Without Elephant
Bank says your tax returns are too old
Your income looks lower on paper than in reality
Quoted a high rate with no plan to get off it
Documents going back and forth for weeks
Not sure which lenders even do low doc
With Elephant Advisory
Lenders matched to the documents you have
Your real income presented properly
A clear path to a full-doc refinance
Accountant's letter and lodgements done in-house
60+ lenders compared, including specialists
“Being behind on your tax returns doesn't mean you can't buy. It just means the paperwork has to tell the right story, and that's exactly what we help with.”
Free tools
Run the numbers first
Your finance expert
Meet your broker
Gavin Hepponstall
Director & Head of Finance
Gav is the person you want in your corner when it comes to property finance. After years in banking and motor trade finance, he joined Elephant early and never looked back. He’s passionate about combining property and finance to help clients achieve their goals through tailored financial structuring, and he’s very serious about snacks at meetings.
FAQ
Let's clear a few things up.
No jargon, no runaround - just honest answers.
Often, yes. Low doc lenders can work from your recent BAS, business bank statements and an accountant's letter. Getting your returns lodged usually unlocks cheaper full-doc loans, and our accountants can help with that too.
Most lenders cap low doc loans at 60–80% of the property's value, so plan on a deposit of at least 20%, plus stamp duty and costs. A few specialist lenders go higher for strong applicants, usually with lenders mortgage insurance.
Usually a mix of your last 2–4 quarters of lodged BAS, 6–12 months of business bank statements, an accountant's letter from a registered tax agent and a signed income declaration. Most want an ABN that's been active for 1–2 years, and GST registration if your turnover is $75,000 or more.
Usually, yes, often around 0.5–1.5% above a comparable full-doc loan. On a $600,000 loan, a 1% gap is about $6,000 a year in extra interest. That's why the real goal is getting you onto a full-doc loan as soon as your returns allow.
Yes. Under responsible lending rules, lenders still have to check you can afford the loan. They test your repayments at your interest rate plus a 3% buffer.
Yes, and you should. Once two years of lodged returns show your income, you may qualify for a standard loan at a lower rate. We check this with you every year, so you don't have to remember to ask.
Home Loans & Property
Read before you apply
How Much Can I Borrow on My Salary? (2026 Examples)
Rough borrowing power from $60k to $200k salaries in Australia, how banks work it out, and the small things that cut it.
How Lender Policies Affect How Much You Can Actually Borrow
Different lenders, different rules. Learn how lender policy shapes your borrowing capacity.
How to Increase Your Borrowing Capacity Quickly and Easily
The fastest way to lift your borrowing power is to review your debts. Which credit cards, loans and HECS to close, and which to keep as a buffer.
Related services
Find out what you can borrow, free.
Elephant Financial Pty Ltd (ABN 38 611 576 240) trading as Elephant Advisory is an authorised credit representative (ACR 487962) of Yellow Brick Road Aggregation Pty Ltd (formerly Vow Financial Pty Ltd) (ABN 66 138 789 161), Australian Credit Licence 390261.
Credit Guide
← Home Loans & Finance
Low doc home loans for self-employed Melbourne borrowers.
Your business made $180,000 this year, but your last lodged tax return says $90,000. To a standard lender, you earn $90,000. A low doc home loan lets you prove your income with recent BAS, business bank statements or an accountant's letter instead. Expect about a 20% deposit and a slightly higher rate, and a plan from us to move you off it once your returns catch up.
Best Interests Duty
60+ lenders compared
Reviews after settlement
At a glance
60+
Lenders on our panel
BID
Best Interests Duty: we must act for you, not the bank
1 team
Broker and accountants under one roof
Our Values
Low doc home loans built on values that actually mean something
We're business owners ourselves, so we know tax returns often run a year behind real income. That's normal, not a red flag, and it shapes how we prepare your application.
Related services: Business owner home loans, Refinancing, Tax compliance
01
Owner Mindset
We run businesses too. Tax returns that lag a year behind real income is normal, not a red flag.
02
Well-Prepared Applications
Here's what most people miss: your BAS, bank statements and accountant's letter have to tell the same story. If they don't, the lender notices. We check before they do.
03
No Shortcuts
Low doc doesn't mean no checks. Lenders still test whether you can afford the loan, and we'll never stretch your income on paper to make a deal fit.
04
Expert Guidance
We know which lenders take which documents, and when you can move to a cheaper full-doc loan.
05
One Team
Our accountants sit down the hall. They can do your accountant's letter and get overdue returns lodged, so you're not paying low doc rates a day longer than you need to.
TOP LENDERS WE WORK WITH
With over 60+ lenders on our panel, some you've never heard of.
As a mortgage broker, we are governed by our 'Best Interest Duty', which ensures that we are looking out for you, your needs and goals versus a banks bottom line.
What we help with
Finance services built for self-employed borrowers.
Everything you need to go from 'my returns aren't done yet' to settled, then onto a cheaper loan.
01
Home Loan Pre-Approval
We secure a pre-approval based on the documents you actually have, so you can make offers and bid at auction with confidence.
02
Low Doc Document Check
We check your BAS, business bank statements and accountant's letter line up before a lender ever sees them.
03
Home Loans
We compare 60+ lenders, including specialist low doc lenders, to find the right rate and structure for your situation.
04
Refinancing
Once your tax returns are lodged, we look at moving you to a full-doc loan at a lower rate.
05
Tax Returns and Lodgements
Our accountants can catch up overdue returns and prepare your accountant's letter, all under one roof.
06
Property Wealth Planning
Once your finances are in order, we map out how your business income can build a property portfolio over time.
The process
How it works
01
Free chat
Tell us where you are now and what you want to achieve.
02
Borrowing and lender comparison
We assess your borrowing power and compare suitable lenders.
03
Pre-approval and application
We handle the paperwork and keep your application moving.
04
Settlement and reviews
We stay in your corner, from settlement to regular loan reviews.
FAQ
If these problems sound familiar, you're not alone.
The low doc problems we see most, and exactly how we solve them.
Without Elephant
Bank says your tax returns are too old
Your income looks lower on paper than in reality
Quoted a high rate with no plan to get off it
Documents going back and forth for weeks
Not sure which lenders even do low doc
With Elephant Advisory
Lenders matched to the documents you have
Your real income presented properly
A clear path to a full-doc refinance
Accountant's letter and lodgements done in-house
60+ lenders compared, including specialists
“Being behind on your tax returns doesn't mean you can't buy. It just means the paperwork has to tell the right story, and that's exactly what we help with.”
Free tools
Run the numbers first
Your finance expert
Meet your broker
Gavin Hepponstall
Director & Head of Finance
Gav is the person you want in your corner when it comes to property finance. After years in banking and motor trade finance, he joined Elephant early and never looked back. He’s passionate about combining property and finance to help clients achieve their goals through tailored financial structuring, and he’s very serious about snacks at meetings.
FAQ
Let's clear a few things up.
No jargon, no runaround - just honest answers.
Often, yes. Low doc lenders can work from your recent BAS, business bank statements and an accountant's letter. Getting your returns lodged usually unlocks cheaper full-doc loans, and our accountants can help with that too.
Most lenders cap low doc loans at 60–80% of the property's value, so plan on a deposit of at least 20%, plus stamp duty and costs. A few specialist lenders go higher for strong applicants, usually with lenders mortgage insurance.
Usually a mix of your last 2–4 quarters of lodged BAS, 6–12 months of business bank statements, an accountant's letter from a registered tax agent and a signed income declaration. Most want an ABN that's been active for 1–2 years, and GST registration if your turnover is $75,000 or more.
Usually, yes, often around 0.5–1.5% above a comparable full-doc loan. On a $600,000 loan, a 1% gap is about $6,000 a year in extra interest. That's why the real goal is getting you onto a full-doc loan as soon as your returns allow.
Yes. Under responsible lending rules, lenders still have to check you can afford the loan. They test your repayments at your interest rate plus a 3% buffer.
Yes, and you should. Once two years of lodged returns show your income, you may qualify for a standard loan at a lower rate. We check this with you every year, so you don't have to remember to ask.
Home Loans & Property
Read before you apply
How Much Can I Borrow on My Salary? (2026 Examples)
Rough borrowing power from $60k to $200k salaries in Australia, how banks work it out, and the small things that cut it.
How Lender Policies Affect How Much You Can Actually Borrow
Different lenders, different rules. Learn how lender policy shapes your borrowing capacity.
How to Increase Your Borrowing Capacity Quickly and Easily
The fastest way to lift your borrowing power is to review your debts. Which credit cards, loans and HECS to close, and which to keep as a buffer.
Related services
Find out what you can borrow, free.
Elephant Financial Pty Ltd (ABN 38 611 576 240) trading as Elephant Advisory is an authorised credit representative (ACR 487962) of Yellow Brick Road Aggregation Pty Ltd (formerly Vow Financial Pty Ltd) (ABN 66 138 789 161), Australian Credit Licence 390261.
Credit Guide
← Home Loans & Finance
Low doc home loans for self-employed Melbourne borrowers.
Your business made $180,000 this year, but your last lodged tax return says $90,000. To a standard lender, you earn $90,000. A low doc home loan lets you prove your income with recent BAS, business bank statements or an accountant's letter instead. Expect about a 20% deposit and a slightly higher rate, and a plan from us to move you off it once your returns catch up.
Best Interests Duty
60+ lenders compared
Reviews after settlement
At a glance
60+
Lenders on our panel
BID
Best Interests Duty: we must act for you, not the bank
1 team
Broker and accountants under one roof
Our Values
Low doc home loans built on values that actually mean something
We're business owners ourselves, so we know tax returns often run a year behind real income. That's normal, not a red flag, and it shapes how we prepare your application.
Related services: Business owner home loans, Refinancing, Tax compliance
01
Owner Mindset
We run businesses too. Tax returns that lag a year behind real income is normal, not a red flag.
02
Well-Prepared Applications
Here's what most people miss: your BAS, bank statements and accountant's letter have to tell the same story. If they don't, the lender notices. We check before they do.
03
No Shortcuts
Low doc doesn't mean no checks. Lenders still test whether you can afford the loan, and we'll never stretch your income on paper to make a deal fit.
04
Expert Guidance
We know which lenders take which documents, and when you can move to a cheaper full-doc loan.
05
One Team
Our accountants sit down the hall. They can do your accountant's letter and get overdue returns lodged, so you're not paying low doc rates a day longer than you need to.
TOP LENDERS WE WORK WITH
With over 60+ lenders on our panel, some you've never heard of.
As a mortgage broker, we are governed by our 'Best Interest Duty', which ensures that we are looking out for you, your needs and goals versus a banks bottom line.
What we help with
Finance services built for self-employed borrowers.
Everything you need to go from 'my returns aren't done yet' to settled, then onto a cheaper loan.
01
Home Loan Pre-Approval
We secure a pre-approval based on the documents you actually have, so you can make offers and bid at auction with confidence.
02
Low Doc Document Check
We check your BAS, business bank statements and accountant's letter line up before a lender ever sees them.
03
Home Loans
We compare 60+ lenders, including specialist low doc lenders, to find the right rate and structure for your situation.
04
Refinancing
Once your tax returns are lodged, we look at moving you to a full-doc loan at a lower rate.
05
Tax Returns and Lodgements
Our accountants can catch up overdue returns and prepare your accountant's letter, all under one roof.
06
Property Wealth Planning
Once your finances are in order, we map out how your business income can build a property portfolio over time.
The process
How it works
01
Free chat
Tell us where you are now and what you want to achieve.
02
Borrowing and lender comparison
We assess your borrowing power and compare suitable lenders.
03
Pre-approval and application
We handle the paperwork and keep your application moving.
04
Settlement and reviews
We stay in your corner, from settlement to regular loan reviews.
FAQ
If these problems sound familiar, you're not alone.
The low doc problems we see most, and exactly how we solve them.
Without Elephant
Bank says your tax returns are too old
Your income looks lower on paper than in reality
Quoted a high rate with no plan to get off it
Documents going back and forth for weeks
Not sure which lenders even do low doc
With Elephant Advisory
Lenders matched to the documents you have
Your real income presented properly
A clear path to a full-doc refinance
Accountant's letter and lodgements done in-house
60+ lenders compared, including specialists
“Being behind on your tax returns doesn't mean you can't buy. It just means the paperwork has to tell the right story, and that's exactly what we help with.”
Free tools
Run the numbers first
Your finance expert
Meet your broker
Gavin Hepponstall
Director & Head of Finance
Gav is the person you want in your corner when it comes to property finance. After years in banking and motor trade finance, he joined Elephant early and never looked back. He’s passionate about combining property and finance to help clients achieve their goals through tailored financial structuring, and he’s very serious about snacks at meetings.
FAQ
Let's clear a few things up.
No jargon, no runaround - just honest answers.
Often, yes. Low doc lenders can work from your recent BAS, business bank statements and an accountant's letter. Getting your returns lodged usually unlocks cheaper full-doc loans, and our accountants can help with that too.
Most lenders cap low doc loans at 60–80% of the property's value, so plan on a deposit of at least 20%, plus stamp duty and costs. A few specialist lenders go higher for strong applicants, usually with lenders mortgage insurance.
Usually a mix of your last 2–4 quarters of lodged BAS, 6–12 months of business bank statements, an accountant's letter from a registered tax agent and a signed income declaration. Most want an ABN that's been active for 1–2 years, and GST registration if your turnover is $75,000 or more.
Usually, yes, often around 0.5–1.5% above a comparable full-doc loan. On a $600,000 loan, a 1% gap is about $6,000 a year in extra interest. That's why the real goal is getting you onto a full-doc loan as soon as your returns allow.
Yes. Under responsible lending rules, lenders still have to check you can afford the loan. They test your repayments at your interest rate plus a 3% buffer.
Yes, and you should. Once two years of lodged returns show your income, you may qualify for a standard loan at a lower rate. We check this with you every year, so you don't have to remember to ask.
Home Loans & Property
Read before you apply
How Much Can I Borrow on My Salary? (2026 Examples)
Rough borrowing power from $60k to $200k salaries in Australia, how banks work it out, and the small things that cut it.
How Lender Policies Affect How Much You Can Actually Borrow
Different lenders, different rules. Learn how lender policy shapes your borrowing capacity.
How to Increase Your Borrowing Capacity Quickly and Easily
The fastest way to lift your borrowing power is to review your debts. Which credit cards, loans and HECS to close, and which to keep as a buffer.
Related services
Find out what you can borrow, free.
Elephant Financial Pty Ltd (ABN 38 611 576 240) trading as Elephant Advisory is an authorised credit representative (ACR 487962) of Yellow Brick Road Aggregation Pty Ltd (formerly Vow Financial Pty Ltd) (ABN 66 138 789 161), Australian Credit Licence 390261.
Credit Guide
Phone
OFFICE HOURS
Mon to Fri: 8.30am - 6.00pm
By appointment only.
Elephant Financial Pty Ltd (ABN 38 611 576 240) trading as Elephant Advisory is an authorised credit representative (ACR 487962) of Yellow Brick Road Aggregation Pty Ltd (formerly Vow Financial Pty Ltd) (ABN 66 138 789 161), Australian Credit Licence 390261.
Phone
OFFICE HOURS
Mon to Fri: 8.30am - 6.00pm
By appointment only.
Elephant Financial Pty Ltd (ABN 38 611 576 240) trading as Elephant Advisory is an authorised credit representative (ACR 487962) of Yellow Brick Road Aggregation Pty Ltd (formerly Vow Financial Pty Ltd) (ABN 66 138 789 161), Australian Credit Licence 390261.
Phone
OFFICE HOURS
Mon to Fri: 8.30am - 6.00pm
By appointment only.
Elephant Financial Pty Ltd (ABN 38 611 576 240) trading as Elephant Advisory is an authorised credit representative (ACR 487962) of Yellow Brick Road Aggregation Pty Ltd (formerly Vow Financial Pty Ltd) (ABN 66 138 789 161), Australian Credit Licence 390261.