Help & support
We’ve simplified the home buying application process for eligible self-employed customers.
If you’re self-employed and pay yourself a regular salary from your business, you may be eligible for a simplified income verification process without having to provide your company and/or personal financials.
Get in touch with our Home Lending Specialists to discuss your needs.
At the end of the fixed rate period, the interest rate converts to the applicable Standard Variable Rate relevant to your loan purpose and repayment type at that time, less any applicable package discount specified in your Loan Contract.
1 To apply for a Wealth Package, you must have an eligible home loan or line of credit with an initial package lending balance of at least $150,000 at the time of your application. Package lending balance is the sum of the account balance of eligible home lending accounts and the credit limit of Viridian Line of Credit accounts that you have with us at the time you apply for Wealth Package. Eligible home loans include: Standard Variable Rate home loan, Fixed Rate home loans and Viridian Line of Credit. A non-refundable annual fee of $395 is payable in advance. The package can be established in the name of one or two individual’s name/s, or in the name of a corporate entity. It cannot be established in the name of a business or family investment trust. Please refer to the Wealth Package Fact Sheet and Package Terms and Conditions (commbank.com.au) for full details.
2 Rate/s apply to new lending only and may include a margin below or above the applicable reference rate. The current reference rates including for Interest Only payments can be found here.
3 The rates shown are interest rates for Principal and Interest repayments. For all our rates including interest rates for Interest Only payments view our Home Loan Interest Rates.
4 Rate/s apply to new lending only and may include a margin below or above the applicable reference rate. The current reference rates can be found here.
~ Based on CBA Market share derived from APRA Monthly Authorised Deposit-taking Institution Statistics, other Regulatory system credit balance data and CBA data. Applications are subject to credit approval, conditions, fees and charges apply.
*CommBank Exclusive Offer: You’re eligible for the offer if you 1) Settle on a property with a CommBank home loan, and 2) Use the in-app legal services provided through Home-in. To secure the offer you will need to engage the services of Home-in’s partner law firm via the Home-in app. You can find out more about this offer and how to lock it in when you log into the App. Home-in reserve the right to terminate the offer at any time.
“Home-in” is a trademark of CBA New Digital Businesses Pty Ltd ABN 38 633 072 830 trading as “Home-in Digital”. CBA New Digital Businesses Pty Ltd is a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124. CBA New Digital Businesses Pty Ltd is not an Authorised Deposit-taking Institution for the purposes of the Banking Act 1959 and its obligations do not represent deposits or other liabilities of Commonwealth Bank of Australia.
** Comparison rate calculated on a $150,000 secured loan over a 25-year term. WARNING: Comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Comparison rates for variable Interest Only loans are based on an initial 5 year Interest Only period. Comparison rates for fixed or guaranteed Interest Only loans are based on an initial Interest Only period equal in length to the fixed or guaranteed period. During an interest only period, your interest only payments will not reduce your loan balance. This may mean you pay more interest over the life of the loan.
The target market for these products will be found within the product’s Target Market Determination, available here.
Interest rates are subject to change. Applications are subject to credit approval. Eligibility criteria and other conditions may apply to some loans. Full terms and conditions will be included in our loan offer. Fees and charges may be payable. The rates shown are interest rates for Principal and Interest repayments, check Home loan interest rates to view all our rates including interest rates for Interest Only repayments. As this information has been prepared without considering your objectives, financial situation or needs, you should consider its appropriateness to your circumstances before acting on this information. Commonwealth Bank of Australia ABN 48 123 123 124. Australian credit licence 234945.