Low Doc Loans

Low Doc Home Loans were created to specially cater for the self employed and small business owners in Australia.

Low Doc Loans and No Doc Loans are designed for self employed people who can well afford a home loan, but can’t give income verification such as tax returns.
Low Doc Loans can be either variable or fixed rate low doc loans. With either, fixed rate low doc loans or variable rate low doc loans.

We understand that it is sometimes not easy to have two years personal tax returns, two years business financials and two year company or partnership returns all up to date. On this basis we have low doc loan lenders where part of the paper work for verifying your income includes a “Self Certification” letter. These are called Low Documentation home loans, or Low Doc Loans.
As a guide, with Low Doc Loans you can go up to 85% of the value of a residential property. Please be aware rate for risk applies.

*Low Doc Loans are still available, however most Low Doc Loans for refinancing now require, either 12month BAS statements , 3 months trading statements or/and an accountants letter*. Though we still have some true low doc avenues left.