Check the status of a submitted home loan application.
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For a smooth and stress-free experience, always verify SA Home Loans branch and consultant details here on our official website. Remember, we’ll never ask for any fees or monies to be paid upfront.
Securing a home loan as a self-employed individual can feel like climbing a steeper hill. With diverse income streams and complex business structures, proving affordability isn’t always straightforward. Traditional banks often require extensive documentation, making the process overwhelming and time-consuming.
That’s why working with the right partner, one who understands your business and can structure your application correctly makes all the difference.
How SA Home Loans Simplifies the Process
We know that entrepreneurs, freelancers and business owners don’t fit into a one-size-fits-all box. Our team takes the time to understand your unique financial profile and tailor solutions that work for you.
With expert consultants by your side, we’ll simplify the process and structure the best possible deal. Flexible options also mean you can:
Consolidate debt to streamline finances.
Access cash for personal or business needs.
Explore a range of tailored home loan solutions built with self-employed clients in mind.
We’re not a bank, we’re home loan specialists. That means every part of our business is built around helping South Africans access the right home financing.
Steps to Improve Your Approval Chances
While we’ll guide you every step of the way, here are practical tips to strengthen your application:
Keep your financial records accurate and up to date, including tax returns and statements.
Separate personal and business finances for a clearer financial picture.
Work closely our specialist consultants, who will help structure your income appropriately for assessment.
Why Pre-Approval Matters
Pre-approval is especially powerful for self-employed buyers. It gives you a realistic view of your affordability and positions you as a stronger buyer when negotiating. Most importantly, it helps streamline the final approval process, saving you both time and stress.
Request to be pre-approved by one of our specialists, by submitting your contact details below.
What You’ll Need
When applying as a self-employed individual, you may be asked for:
Recent financial statements and tax returns.
Bank statements.
Proof of business registration or relevant licenses.
Having these documents ready ensures a smoother application journey.
How We Assess Income
Unlike banks that may only focus on rigid numbers, we look at the bigger picture. Our consultants assess income sustainability and consistency, often averaging income over a period to account for fluctuations. By clearly separating personal and business finances, we can make an accurate, fair assessment that works in your favour.
Why Choose SA Home Loans?
We’re not a bank, we’re home loan specialists. That means every part of our business is built around helping South Africans access the right home financing. Our specialist consultants build real relationships and guide you from application to move-in day. Your consultant isn’t a once-off contact, but a partner throughout your journey.
Ready to unlock homeownership, even with a non-traditional income?
Pre-approval for a mortgage involves a lender reviewing your credit report to assess your financial situation. This is generally considered a soft inquiry, which does not impact your credit score. Unlike hard inquiries, which occur when you formally apply for credit and can slightly lower your score, soft inquiries are only visible to lenders and do not affect your credit rating.
However, it's important to note that when you proceed with a full application, the lender will conduct a hard inquiry, which may impact your credit score. For more details on the impact of credit inquiries, visit Experian, XDS, or TransUnion.
How do I get pre-approved?
You can apply for pre-approval on our website. Once you submit your documents (like payslips and proof of employment), we will verify everything and let you know if you are eligible.
How much can I afford to buy a house?
Determining your home loan affordability is a crucial step in the home-buying process. In South Africa, lenders typically ensure that home loan repayments don’t exceed 30% of your combined household income, with repayment terms averaging 20 years (240 months). If your income alone doesn’t qualify, you could consider applying jointly with your partner or someone else in your household to increase affordability. This shared financial responsibility can improve your chances of securing a loan. Saving for a larger deposit can also reduce monthly repayments. Use our home loan affordability calculator to estimate what you can afford to meet your home purchase requirements.