Self-employed borrowers with fluctuating or recently improved income, especially where latest financials don't reflect current performance. Alt Doc remains a powerful solution to bridge that gap.
Self-employed clients' financials may be up to 12 months old. Now's the time to lean into Alt Doc to present a more accurate, up-to-date position. This keeps deals moving while clients finalise returns.
Rising tax debt and multiple liabilities are common this time of year. Consolidation scenarios can simplify repayments and improve serviceability outcomes.
Partner with accountants and referral networks early to help clients structure their returns strategically, setting them up for better borrowing outcomes.
While majors adjust buffers, Connective Elevate remains steady with 1.5% for Prime and Near Prime under 70% LVR and 2% for others. This creates more headroom for borrowers to qualify.
Brokers who move proactively on Alt Doc scenarios now can get ahead of the post-EOFY rush and unlock opportunities others may miss.
For self-employed clients whose current position is stronger than their financials suggest, your Connective Lending Manager or Connective Elevate BDM can help assess whether an Alt Doc solution may be suitable.
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