AFG Home Loans Retro takes a common sense and flexible approach to lending as Retro caters for customers from all kinds of professions, including self-employed borrowers who don’t fit into the traditional methods of income verification.  

Whilst being self-employed can offer flexibility, the documentation required to confirm income can often present a challenge.   

That’s where our Retro Lite product steps in.  

A Retro Lite home loan is fully featured like its big brother Retro, however, Retro Lite is better suited to self-employed customers who cannot provide the traditional documents required for a full documentation loan.  

As Retro Lite caters for self-employed customers, its income verification requirements have been simplified, making for a very flexible product covering a variety of self-employed financial circumstances that complies with today’s lending standards.  

Customers that operate their own businesses and are looking to use income from those businesses, need to demonstrate that their ABN has been registered for a minimum of 24 months, and the company is GST registered (where applicable). The income verification documents required for Retro Lite are:  

• Customer Declaration of Financial Position  

Plus, one of the following:  

• 6-month Business Bank Statements, or 
• 6-month Lodged BAS, or  
• Accountant Declaration  

Retro Lite also caters for flexible loan sizes from $100,000 up to $2,000,000 (subject to conditions). 

For the full Retro Lite specifications and latest Retro Lite ratecard, visit Lenders.