Self Employed Loans

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.

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%.