Author: MAXISLoans

  • Australian Plumbers: Understanding the Impact of Business Debt

    For Australian plumbers, managing business debt is a common aspect of running a successful enterprise. Whether it’s financing equipment, expanding operations, or covering cash flow gaps, business loans are often essential for growth and sustainability. However, plumbers who are considering applying for a home loan may have concerns about how their existing business debt will…

  • Right Loan Type for Australian Plumbers

    For Australian plumbers, securing a suitable home loan can be a crucial step towards achieving their homeownership dreams. However, with the nature of their work often leading to fluctuating income, plumbers may find themselves uncertain about which loan type best suits their financial situation. Questions about whether a fixed-rate or variable-rate loan is more suitable,…

  • Securing Your Plumbing Dreams: 

    Owning your own plumbing business is a fantastic achievement, offering freedom and the potential for great income. But that dream home you’ve been eyeing might seem out of reach due to the hurdle of saving a deposit. Fear not, fellow tradies! This article tackles your deposit concerns: Deposit Hurdles and How to Jump Over Them…

  • Documentation Challenges for Self-Employed Australian Plumbers

    For self-employed Australian plumbers, navigating the home loan application process can be particularly challenging due to limited documentation compared to salaried employees. Traditional income verification methods like Group Certificates may not be applicable, leaving plumbers wondering what alternative forms of income verification they can provide and whether strong bank statements showing business income will suffice.…

  • Australian Plumbers: Key Considerations for Loan Approval

    For Australian plumbers, securing a home loan can be a daunting prospect, especially for those who are self-employed or run small businesses. One of the primary concerns for plumbers in this situation is how lenders will assess their income for loan approval. With fluctuating income levels and irregular cash flows, understanding income verification requirements is…

  • Loan Options for Self-Employed Personal Trainers

    Being a personal trainer in Australia offers the freedom to be your own boss and set your hours. But when it comes to finances, the lack of a regular paycheck can make things tricky, especially when considering loans. The good news is, there are loan options available for self-employed individuals like you! This article will…

  • How Self-Employed PT Expenses Boost Your Borrowing Power

    Being a personal trainer comes with the freedom of being your own boss. But it also means managing your finances, including tax deductions and loan applications. The good news is, many of your business expenses can be claimed as tax deductions, lowering your taxable income and potentially increasing your borrowing power. Here’s a breakdown of…

  • Saving for a Home as a Personal Trainer

    The dream of homeownership burns bright for many Australians, and personal trainers are no exception. But with a client-based income, saving for a deposit can feel like an uphill battle. Here are some tips to help you turn that dream into a reality: Government Grant Assistance While there aren’t grants specifically targeted towards personal trainers…

  • Job Security and Personal Training in Australia

    The dream of owning a home is a big one, and for Australian personal trainers, the dedication to helping others achieve their fitness goals goes hand-in-hand with building a secure future. However, the fitness industry can be competitive, and income fluctuations are a natural part of the freelance or self-employed personal trainer lifestyle. This can…

  • Income Verification for Aussie Personal Trainers

    Owning a home is a dream for many, and personal trainers are no exception. But with a variable income structure that mixes hourly rates, session packages, and class fees, securing a home loan can raise unique questions. Lenders often rely on payslips for salaried professions, so what about us trainers who hustle and build our…