PM Update

Alpha home loans for self-employed customers

Written by AFG | 4 October 2022 3:53:42 AM

Sometimes your customers need a loan that's flexible. Particularly if they're self-employed and need that flexibility when providing income verification. AFG Home Loans Alpha is well-suited to self-employed borrowers.

 

Alpha has the policy niches that make it ideal for your self-employed customers, such as;

 

  • With Alpha, 1 year financials are accepted (looking for 1 year figures, with minimum requirement of 24 month ABN registration)
  • Alpha can exclude company debts if there are no interest, depreciation, or Instant Asset Write Off addbacks
  • Alpha will lend to company and trust structures (refer to your BRM for acceptable structures)

 

Not only are Alpha’s policies suitable for self-employed customers, but Alpha also has a 100% offset facility with Visa Debit access for both fixed and variable loans.

  

Do you have a scenario? Complete this template and send it to alphaassist@adelaidebank.com.au. Alternatively, speak with your BRM today to discuss how an Alpha loan can work for self-employed borrowers.

 

For the full Alpha specifications, niche policies, and latest ratecard, visit Lenders