Low Doc loans are a flexible solution for individuals who have income and assets, but are unable to provide the required financial statements or tax returns at the time of application.
You won't need to provide proof of your income, however we will ask you to complete an income declaration form along with our standard loan application.
Low Doc loans are available for Investment and Owner Occupied home loans.
A Low Doc may be suitable for someone who fits into one or more of the following categories:
- Small business owners
- Self-employed
- Seasonal workers
- Employees with No Tax returns
- Short-term employed or not employed long enough
- Contractors
- PAYG who do not have the necessary documents
- Individuals with or without ABN’s