Low Doc Mortgages: Low Doc Loans for the Self Employed Australian

The average self-employedAustralian would just put trying to get a home loan via a standard lender inthe too hard basket - and they do. Others are so desperate to secure a houseloan that we see them wind up their successful business, to go out and seekemployment and work twice as many hours for half the money that they once didin their successful small business - all this just to please the bank so theycan too, take part in the Australian dream of owning their own house.

Good news though, the teamat lowdocmortgages.com.au are experts when it comes to help guiding entrepreneurialAussies who have a successful Australian business into getting their home loanor commercial property loan.

Low Doc Loans (Low documentation loans) are designed for these self-employedpeople who do not have up to date financial statements and tax returns whichare required for a prime home loan. Generally the same features and facilitiesare available on prime loan are also available on a Low Doc Home Loan as the name indicates the difference is in thedocumentation. If you are self-employed or have a small business and can’tprovide lodged returns then it is the way to apply for a home loan.

Although financial statements and tax returns are not required for theseloans, lenders will require some form of proof that you can service theseloans. For these low doc loans, you may needto provide the lender with a statement confirming your income generallycertified by your accountant or Business Bank Statements or BASStatements or a combination of above

If you are a self-employedAustralian who is looking to get a low Doc home loan, we have good news foryou, it certainly can be achieved.

Talk to an Expert:

Wespecialise in Low Doc Loans for both Residential and Commercial Properties inclean credit or credit impaired and deal with many lenders that most mortgagebrokers do not have on their books. Please complete our Enquiry Form or PhoneDirect where you can discuss your situation with an expert as itis important to deal with a broker that has several options and is experiencedin this category of lending.

Low Doc Mortgages: Low Doc Home Loans, low doc commercial loans, low doc car loans and low doc business loans for both clean credit & bad credit options.