UBank home loan products are available for self-employed borrowers.

If you work for yourself and are looking to apply for a home loan or refinance an existing one, you might have hit a few hurdles along the way.

At UBank, we believe a fluctuating income shouldn’t prevent you or the other 1.4 million sole traders in Australia from getting access to competitive home loans.

That’s why we offer our Award-winning home loans to sole trader and partnership candidates with the same great interest rates and features our PAYG customers receive.

Regardless of whether you’re self-employed or an employee, it’s good to have clarity on what’s required to be eligible to apply for a home loan. Follow our infographic for the key application criteria to secure a UBank home loan.

Can we get U home

Which self-employed applicants are eligible?

We are servicing sole traders and partnerships (maximum 2 partners) but not company structures at this stage.

  1. A sole trader (or proprietor) is someone who owns and operates a business which is not a separate legal entity.

  2. A partnership is a business owned by two or more people (up to 100) acting as partners. It is similar to a sole trader business, except that all responsibilities are shared by the partners. A partnership is not a separate legal entity; it is owned and operated by individuals.

  3. A company is a business which is a separate legal entity, and this structure will have one or more directors and shareholders. 

Need more info? Check out our FAQs on home loan eligibility

Did you tick all the boxes? Sounds like you’re ready calculate your borrowing power. Head to our handy calculator page to kick start your home loan application journey, today!


© UBank is a division of National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686. Credit is provided by AFSH Nominees Pty Ltd ABN 51 143 937 437 Australian Credit Licence 391192. UBank is the mortgage manager for UHomeLoan products. Terms of use available here.