Why lenders look more closely
Self-employed income can vary year to year, so lenders typically average the last one to two years of tax returns rather than relying on a single strong year.
Business structure also matters — sole traders, partnerships, trusts and companies are all assessed slightly differently.
Documentation that speeds things up
Having up-to-date tax returns, notices of assessment and financial statements ready before you apply avoids back-and-forth delays.
A clear add-back schedule for one-off or non-cash business expenses can also present a more accurate picture of serviceability.
Choosing a lender that fits
Not all lenders assess self-employed income the same way — some are noticeably more flexible with recent business growth or irregular income.
A broker who knows each lender's policy can steer your application toward the ones most likely to look favourably on your situation.