Building Other People's Dream Homes? It's Time to Secure Your Own
As a licensed builder or framing carpenter, you manage large projects, coordinate multiple trade crews, and navigate complex milestone payment schedules. You bank massive progress claims—often $50,000 to $150,000 in a single milestone—followed by periods of intensive construction.
Standard retail banks do not understand milestone billing. If a large progress claim landed in July instead of June, standard branch algorithms misinterpret your cash flow as inconsistent and decline your loan application.
Specialist non-bank lenders assess licensed builders and carpenters using annualized BAS turnover, master building contract schedules, or CPA declaration letters. They understand stage claims, add back tool and vehicle write-offs, and approve loans up to 85% to 90% LVR.
Here is our strategy: We ask you a few quick questions about your situation, then match you directly with an accredited specialist who will fight for your approval, cut through bank red tape, and deliver your loan with zero stress. Get matched directly with an accredited specialist in 60 seconds via the Mortgage Matcher.
How It Works (Takes 2 Minutes)
Wholesale Borrowing Capacity & Add-Back Simulator
Calculate your borrowing capacity using alternative documentation and non-bank credit policies.
| Builder Category | Verification Document | Assessed Net Margin | Max Loan LVR |
|---|---|---|---|
| Framing & Carpentry Contractor | 6-Month BAS (2 Quarters) | 50% - 60% Net Margin | Up to 85% - 90% LVR |
| Licensed Residential Builder | 12-Month BAS / CPA Letter | 35% - 45% Net Margin | Up to 85% LVR |
| Renovation & Extension Specialist | 6 Months Bank Statements | 45% - 55% Net Margin | Up to 85% LVR |
| Big 4 Bank Branch | 2 Years Tax Returns + NOAs | Strict Branch DTI Gate | 80% (Frequent Delays) |
1. Managing Milestone Progress Claims & Cash Flow Smoothing
Residential construction relies on milestone stage payments (Base, Frame, Enclosed, Fixing, Practical Completion). Under standard full-doc bank guidelines, timing differences in stage payments can trigger unnecessary credit queries.
Under non-bank BAS guidelines, gross sales across 2 to 4 quarters are totaled and annualized, eliminating month-to-month billing lumpy variations.
2. Licensing and Industry Recognition
Holding an active builder's license or trade qualification with Master Builders Australia (MBA) or the Housing Industry Association (HIA) demonstrates long-term commercial stability, fast-tracking non-bank underwriting.
- 1-Day to 12-Month ABN Recognition: Bypassing standard 2-year trading requirements with trading trade proof.
- Bank Statement & BAS Income Verification: Assessing 6 months of gross business turnover with minimal accountant declarations.
- Depreciation & Vehicle Add-Backs: Restoring non-cash write-offs and equipment deductions to true cash flow.
- 90% LVR Alt-Doc Limits: Securing high-leverage residential purchases with zero tax return red tape.
3. Retained Profits and Progress Draws
For builders operating through a Pty Ltd company, 100% of retained company profits are credited toward your personal borrowing power alongside your director wages.
Wholesale alt-doc credit desks deliver fast 24-48 hour turnarounds, allowing tradies to secure formal pre-approvals without waiting for end-of-year tax returns.
Accredited Mortgage Specialists
Accredited credit representatives independently verified against the ASIC Professional Register. Governed by statutory Best Interests Duty (BID) with direct wholesale lender desk access.
David Chi Tran
Emerge Finance
Frequently Asked Questions: Licensed Builder & Carpenter (Chippy) Low-Doc Home Loans
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