Self-Employed Mortgage Approved
With 14 Months History.
Last updated: July 2026
A self-employed IT contractor in Wellington couldn't get a mortgage from traditional banks. Finch secured approval using alternative income verification.
The problem.
Traditional banks usually require 2 years of finalised financial statements for a self-employed mortgage in NZ. Ben, an IT contractor, had a very strong income but only 14 months of contracting history.
Despite having a 20% deposit and an excellent credit score, his main bank automatically declined the application.
Frustrated by the rigid "tick-box" criteria of standard banking, Ben reached out to Finch Mortgages to explore alternative options.
How we solved it.
The result.
Ben's home loan was fully approved within 48 hours. He purchased his desired Wellington property without having to wait another 10 months to hit the arbitrary two-year trading mark demanded by major banks.
"Finding a self-employed mortgage broker in NZ who actually understood how IT contracting works changed everything. Finch didn't just look at my tax returns; they looked at my actual earning power."— Ben Nguyen, Wellington, IT Contractor
In a similar situation?
A bank rejection doesn't mean the end. Finch has access to 20+ lenders — including specialists who can help when major banks can't. Book a free, no-obligation consultation.
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Written by Mukhtar Kiyani
Director & Financial Adviser · FSP1011206 | FSPR FSP1011125
Mukhtar has 15+ years of financial advisory experience across NZ mortgage lending, investment structuring, and first home buyer guidance. He founded Finch Mortgages with a mission to make expert, transparent mortgage advice accessible to every Kiwi. Based in Auckland, advising clients nationwide. View Profile →