Low Doc Loans made EASY!
Don't you agree that the banks and other lenders sure give the self employed workers of Australia a hard time when they apply for home loans? Getting the best interest rate isn't easy if all you can provide as income verification are some out of date tax returns and an ABN!
Low Doc Loans are the answer for the self employed! With no proof of your income other than an income declaration we can get you the best interest rate for your home loan! Borrow up to 80% LVR (80% of the value of your property) or more! Get to choose from over 40 lenders, get the best interest rate, get your loan approved - without the hassle or paperwork!
Low Doc Interest Rates
Which lender has the best interest rate? Find out which type of loan you need and the current interest rate you will pay! Don't pay too much for your low doc mortgage, talk to the Home Loan Experts today.
Get a Low Doc Quote
If you fill in a quick form explaining your situation we can quickly reply with several comprehensive quotes.
Apply for a Low Doc Loan
You can apply for a Low Doc Loan by enquiring online, fax, email, post or phone. We'll get back to you with several options from the major banks or other lenders that might be able to help.
What is a Low Doc?
Find out how a Low Doc Loan really works and how you can get approval with a low doc loan. Who can get a low doc loan and what kind of declaration do they need to sign to get an approval?
Low Doc Loan Types
Low doc loans are now available with a variety of loan features & types including basic loan discounts and professional packages with no application fees and discounted interest rates.
Low Doc Lenders
As low docs have become popular with self employed borrowers they have also become popular with lenders too! The banks all have different views on the pricing of low docs, creating large variations in interest rates & fees.
No ABN Low Doc Loans
Most lenders require that you have an ABN that has been registered for two years before they will approve your low doc loan. However some lenders are more flexible, only requiring you to state that you have been self employed for at least two years.
No LMI
Not every lender will charge you lenders mortgage insurance (LMI) on your low doc loan. Find out who charges a risk fee and who will carry your LMI premium in their rate.
Low Doc Security
Will your lender use your serviced apartment, inner city apartment, company title property or studio unit as security for your low doc loan?
Low Doc Home Loans
When a Low Doc Loan is used to buy or refinance a home (owner occupied property) as opposed to an investment property then it is known as a Low Doc Home Loan. Low Doc Home Loans are different because they have slightly different approval criteria and features, depending on your lender.
Low Doc Investment Loans
If you are building wealth through investing in real estate, shares or a business and have a property that you can use as security you may want to consider using a Low Doc Investment Loan. Although similar to a home loan you may have a different rate, fees and approval criteria depending on your situation, the lender you choose and the type of investment.
Low Doc Construction & Renovation Loans
Did you know you can use a Low Doc Loan to build, renovate or develop? Your loan can even be approved based on the total cost of the project & the on completion value! Finance your construction project the easy way with a low doc.
Refinance with a Low Doc Loan
Refinancing your home or investment property is made simple when you use a Low Doc Loan to do the job! Quicker and easier than a conventional home loan, you'll face less paperwork and less questions. You may even be able to use the Rapid Refinance options available from some of the banks.
Purchase with a Low Doc Loan
If you are buying a property using a Low Doc Loan you will get a faster approval because there is less for the lender to assess. However your lender may require that you have a slightly larger deposit, usually 20% of the purchse price. Some lenders also have restrictions on the source of your deposit. Learn how to obtain a Low Doc Pre-approval!
No Doc Loans
No doc loans are secured by real estate, require no proof of income and no formal statement of assets and liabilities. Both private loans and prime loans from major lenders are given the same no doc label however they are very different home loans.
Low Doc Vacant Land Loans
Vacant land is not as easy to finance as a house or unit. When applying for your loan you should consider how your lender views land and if they will require you to commence construction within a particular timeframe.
High Lend Low Doc
Do you need to borrow more than 80% LVR? Most banks can't help, so use a specialist mortgage broker to find you the right niche lender for your no financials home loan.
Low Doc for the PAYGs
Did you know that self certified income loans are available for employed borrowers as well as the self employed? Often casual or commission income staff require alternative proof of income that only a low doc loan can provide.
Compare Low Doc Loans
Has your mortgage broker offered you one of these options? If not then maybe you aren't getting the best deal possible! These three hot offers make comparing different rates easy!
Best Low Doc Loan
The cheapest and best low doc loans combine low fees, a great rate and flexible approval criteria. Below are the details of a Professional Package Low Doc that remains as a market leader!
Low Doc FAQ
Take a look at our Frequently Asked Questions to find out the answers to your Low Doc Finance questions! If you can't find the answer you are looking for then call or email us.
Low Doc Glossary
Find out the meaning of common low doc terms such as LVR, lo doc, lite doc, financial statements, self certified income and declared income.
Low Doc Links
Links to all the useful information that you need for your low doc loan application.
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