Low Doc Loans
Catering to the first home buyers with a few dents in their credit record or no credit record, this loan is ideal for people who have missed payments in the past, have no credit history or have arrived recently in the country.
If you’re not a salaried employee or pay as you go (PAYG), you can cherry-pick a ‘no-doc’ loan if you’ve failed to lodge recent tax returns or don’t have your financials up to date.
Low doc’ loan doesn’t mean that you’d present less evidence of your financials – rather, supplying minimal loan application documentation.
Like any other self-employed loan, lenders demand the last two years of tax returns statements and income tax assessments to gauge if you qualify and how much you can borrow.
“We take the time and hassle out of shopping around for the right home loan, provide expert advice and take care of the entire process, from start to finish.”
Kaushalya GunasekeraMortgagepremiers CEO
Mortgage Premiers can guide how well it suits you and what documentation you may need to provide to qualify. Connect with us by making a no-obligation call now. We commit to :
Self-employed entrepreneurs
Clients who are new to Australia
Clients with bruised credit history
Clients thinking about refinancing
Quick responses on rush-deals
