Low doc questions...

Any general questions you might have in regards to loans and finance.
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Low doc questions...

Post by alexjong »

Are low doc loans gone? My bank needs BAS statements to get a low doc loan for me which kind of defeats the purpose doesn't it?

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Otto Dargan
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Re: Low doc questions...

Post by Otto Dargan »

Low doc loans are still available, some of which still do not need BAS statements. You can borrow up to 80% of the purchase price if you have an ABN that has been GST registered for 2 years. Shorter ABNs on a case by case basis.
Otto Dargan
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