Small business owners and self-employed individuals in Sydney may find it difficult to secure a loan from the leading banks as they have stringent documentation policies. Failure to submit the standard documentation leads to loan rejection.
Our low doc loan is the perfect solution to this problem as it is a mortgage that can be secured with minimal documentation. We give you the option to provide alternative documents to secure a home, business or personal loan.
Low Doc Home Loans Sydney
Our low doc home loan is a simple product that helps you acquire funds for your new home. You can submit alternative documents to secure a home loan.
Moreover, we provide some of the best features for our low doc loan including 100% offset account, ability to make extra repayments, fixed interest rates, interest-only option, line of credit and split-loan options.
Eligibility for Our Low Doc Loans
Our low doc loans are suitable for three groups.
- Self-employed individuals
- Contractors or freelancers
As our low doc loans give you the liberty to provide alternative documents, you must aim at submitting as many documents as possible. We usually insist on submitting documents like your bank statements and BAS statement.
Apart from considering your alternative documents, we also look at your credit history, equity release, maximum loan exposure, net asset position, property location, repayment history, self-employment history and upfront deposit or equity.
Contact us for assistance
To get more details on our low doc loans, call us on 1300 LOANSTAR . We will be happy to help you.