The Low Documentation Home Loan (Low Doc) solutions are designed to suit self-employed customers and small business owners. The solutions allow you to apply for the finances you need without all the financial statements or tax returns usually required.
self employed
If you’re self-employed and looking for a Low Doc Loan there are a few conditions lenders put in place to ensure the safety of their investment. These are:

  • You will need to have been self-employed in the same industry for at least 1 year and supply details such as your ABN and/or Certificate of Incorporation.
  • The maximum amount you can borrow as a Low Doc Loan is 80% of the value of the security provided.
  • You may need Lenders Mortgage Insurance if you are borrowing more than 60%.