Income Verification for Cleaners in Australia

You’ve been dreaming of owning your own home, and now you’re ready to take the leap. But as a cleaner, especially if you’re self-employed or work for cash, you might be wondering how to prove your income to lenders. Home loan applications typically rely on documents like tax returns and pay stubs, which can be trickier for cleaners to provide.

Here’s some good news: there are ways for cleaners to demonstrate their income stability and qualify for a home loan! Here are some options to discuss with your lender:

  • Bank Statements: Gather your bank statements for the past few months. Consistent deposits from cleaning jobs can be a strong indicator of your income.
  • Signed Contracts: If you have regular clients with whom you have signed contracts, these documents can help showcase the stability of your work.
  • Tax Returns (if applicable): Even if you haven’t filed formal tax returns in the past, consider doing so for the previous year. This can strengthen your application.
  • References: Strong references from satisfied clients can add weight to your application by demonstrating the reliability of your income.

Be Proactive with Communication:

The key is clear communication with your mortgage broker or lender. Explain your situation as a self-employed cleaner and be prepared to provide alternative forms of income verification.

Owning your own home is a dream within reach, even for cleaners! By being organized and proactive, you can demonstrate your financial strength and take that exciting step towards homeownership.pen_sparktunesharemore_vert