Re: Not GST registered
Posted: Tue Nov 19, 2019 8:12 pm
Hi Aussiejoe12,
You may qualify for low doc loans with alternate income verification.
Not being registered for GST may not be a problem, however, along with the bank statements you’ll need either:
With a low doc loan, you can:
Our mortgage brokers specialise in helping self-employed Australians purchase a home.
Please give us a call on 1300 889 743 or fill in our online assessment form to find out if you qualify.
You may qualify for low doc loans with alternate income verification.
Not being registered for GST may not be a problem, however, along with the bank statements you’ll need either:
- Company financials or Business Activity Statements (BAS); or
- A letter/declaration from an accountant to ; or
- Old tax returns (over 24 months);
- 12 months Bank Statements for your main business account to verify the income
With a low doc loan, you can:
- Borrow up to 90% of the property value with one of our lenders (higher interest rates apply).
- Borrow up to 80% of the property value with competitive interest rates (a risk fee may apply).
- Borrow up to 60% of the property value with standard home loans rates.
Our mortgage brokers specialise in helping self-employed Australians purchase a home.
Please give us a call on 1300 889 743 or fill in our online assessment form to find out if you qualify.