Low Doc Mortgages
Australia, Sydney
Low Doc Mortgages are designed for these self-employed Australians who do not have up to date financial statements and tax returns which are required for a prime home loan.
Main Services:
Generally the same features and facilities are available on prime loan are also available on a Low Doc Loan as the name indicates the difference is in the documentation. If you are self-employed or have a small business and can’t provide lodged returns then it is the way to apply for a home loan.
Although financial statements and tax returns are not required for these loans, lenders will require some form of proof that you can service these loans. For these low doc loans, you may need to provide the lender with a statement confirming your income generally certified by your accountant or Business Bank Statements or BAS Statements or a combination of above
So if you are a self-employed Australian who is looking to get a low Doc home loan, we have good news for you, it certainly can be achieved.