Low Doc Loans
Low Doc loans are for self employed applicants with an ABN registration who are unable to substantiate income from tax returns and business financials. Generally the applicant must self declare an income suitable to support the loan and in some instances must provide some alternate income verification e,g, BAS statements.
These loans can be secured over residential or commercial property with borrowings limited to 85% of a residential property value or 75% for standard commercial property value.
Low Doc loans are available for owner occupied or investment purpose and either variable, fixed or a combination of each loans.
We also offer a PAYG employee low doc loan limited to 60% of a residential property valuation with standard pricing specifically targeted to recently employed staff in probationary periods, shift workers or casual employees where consistent income and work history is difficult to evidence.
