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            The Low Doc Loan Specialist
               
   


Low Doc Categories
 

    Residential Purchases
  » Purchases to 60% LVR
  » Purchases to 70% LVR
  » Purchases to 80% LVR
  » Purchases to 90% LVR
   
Residential Refinance
  » Refinance to 60% LVR
  » Refinance to 70% LVR
  » Refinance to 80% LVR
   
Vacant Land
  » Vacant Land to 80%LVR
   
Construction Residential
  » Construction to 80% LVR
   
Bad Credit Home Loans
  » Bad Credit to 70% LVR
  » Bad Credit to 80% LVR
   
Commercial Low Doc
  » Commercial to 75% LVR
   
Rural Low Doc
  » Rural to 60% LVR
     

 

MFAA
 

 

Australian Credit Licence No: 386838

 

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Which Low Doc Loan should I Choose?

Unfortunately there are many self employed people who due to their circumstances do not have the documentation they need to progress a loan to purchase or refinance a home or commercial property. Up until relatively recently these people were left unable to finance property and this caused a lot of frustration. Today thanks to low doc loans people who are self employed and are unable to provide full documentary evidence of their income can successfully apply for a mortgage on property.

The kind of people who take out low doc loans include: self employed individuals who do not have weekly or monthly pay slips to provide a funder. As with any type of loan there are various low doc options that a person can choose from. So if you are interested in these kind of home loans this site shows you the main types of loans that you could be able to choose from.

Income verification can be provided by Personal Income verification with Accountants verification or Business Bank Statements or BAS Statements or a combination of above.

Many people who are self employed will find that this kind of loan to buy a property is right to them, particularly if they have only just started out in self employed employment and do not have enough accounts to provide evidence of their income.

As shown there are different types of low doc loans for a person to choose from and selecting the right one is very important.  Only available to people who are self employed, or contract employees however co borrowers can be payg. 

Compared to full doc, these loans generally carry a higher interest rate and are available only at lower Loan Valuation Ratios (LVRs) compared to prime loans. The market for low doc loans has changed dramatically since the Global Financial Crisis and new NCCP regulations. Low doc lending is a specialist lending area and now it is more important than ever to obtain the right advice from people with the necessary skills and experience to provide you with the best lending solution.

WE DO NOT CHARGE YOU A BROKERS FEE!
 
Low Doc Loan Product Matrixes:
Banks 1 2                      
Non Banks 1 2 3 4 5 6 7 8 9 10 11 12  
 
 

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