Freelancers, Independent Workers, and Business Owners: Get a Home Loan Without a Salary Slip!
Learn how each professional group can prepare the necessary documents and boost their chances of bank approval to quickly own their dream home.
1. Business Owners
For entrepreneurs, business operators, or merchants, prepare the following documents:
- Business Registration/Commercial Registration/Certificate of Incorporation – To confirm that you operate a legitimate business.
- Bank Statements for the Last 6 Months – To show financial transactions.
- Proof of Online Business (if applicable) – For example, screenshots of your website or Facebook page to confirm your profession.
2. Contract Employees
For those not employed permanently but working under contract, prepare the following documents:
- Employment Contract specifying the start and end dates – To confirm employment and income.
- Income Certification Letter (if available) – To add credibility.
- Bank Statements for the Last 6 Months – To show consistent income.
3. Freelancers
For freelancers without fixed income, such as makeup artists, photographers, or graphic designers, prepare the following documents:
- Tax Withholding Certificates (Form 50Tawi) – Provide all available forms to demonstrate income and tax payments.
- Bank Statements for the Last 6–12 Months – To show consistent income.
- Job Logs/Invoices/Work Photos – To validate your work, especially if paid in cash or lacking a Form 50Tawi.
- Work Samples and Photos – To build credibility for the bank’s consideration.
Additional Recommendations to Boost Bank Confidence
- Showcase Assets and Savings – Such as savings accounts, investment funds, insurance policies, property deeds, tax payment receipts, or debt-free car ownership documents to strengthen your application.
- Check Your Credit Score – Ensure a good financial history and timely debt repayment to make a positive impression.
By preparing these documents thoroughly and demonstrating financial stability, freelancers and independent workers can secure home loans with ease and confidence.
Get Free Loan Consultation for Townhomes and Commercial Buildings at Ocean Town Phuket
Call: 02-038-5020
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