Getting a Home Loan Without a Salary in 2025
If you are a contractor, freelancer, sole trader, or business owner, you might be asking: can I get a home loan without a traditional salary?
The answer is yes — as long as your income is structured and presented correctly. Here’s how it works in 2025.
What Lenders Look for With Contract or ABN Income
While salaried employees often find it easier to qualify for a loan, many lenders now provide flexible lending options for contractors and ABN holders.
Lenders typically want to see:
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Consistent income for at least 12 months (24 months is often preferred)
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Recent tax returns that reflect declared income
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BAS statements (for ABN holders)
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Proof of current contracts or recent invoices
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A clean credit history
Common Types of Income Accepted
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IT contractors and consultants
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Freelancers in creative, marketing, or design industries
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Construction and trade workers
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Allied health professionals and medical contractors
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Gig economy workers (such as Uber or Airbnb hosts)
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Sole traders and small business owners
Even if your income is variable, lenders will often calculate an average to determine your borrowing capacity.
Tip: Use our Borrowing Power Calculator to get an estimate before applying.
Low Doc Loans for ABN Earners
If you cannot provide full financials, some lenders offer Low Doc Loans. These require less documentation but may come with higher interest rates or a larger deposit requirement.
At Flenley, we help you assess whether a low doc loan is your best option, or if a mainstream lender is accessible with the right preparation.
How Flenley Financial Group Can Help
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We compare over 340 lenders, including those that support contractors and ABN income
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We help present your income clearly to maximise approval chances
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We structure your loan to fit your income flow or business type
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No client fees — we are paid by the lender
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We provide honest guidance, even if that means waiting or improving your documents first
Ready to Get Started?
Book Your Free Consultation or try our Borrowing Power Calculator to explore your options and see what is possible in 2025.
