Access to finance is vital for one to take part in the economy and start accruing assets that translate into wealth over the long term. Those with a regular salary and decent credit record are often able to access credit fairly easily. However, being self-employed, a freelancer or commission earner is a different ball game altogether. Anyone who has a business or earns money from multiple sources without having a full-time position knows how difficult it is to access finance. To some it may even seem impossible to get a home loan. Tess Rodrigues, MD of Property Factor and an expert in property finance, says it has always been possible for the self-employed to get a home loan, but it requires diligence and meticulous management of paperwork. "Unfortunately, many only wake up to the need for proper financial record-keeping, candid transacting and up-to-date tax returns when finance is required," she says. Geoff Lee, managing executive of home loans at Absa's retail and business bankin...

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