• Low Doc Loans

Personal, Company or Trust Loans

Low Doc Loans (also called ALT Doc) are tailored to Self-employed clients who do not fit Full-Doc Residential.

The product/policy highlights are;

•    Personal Borrower, Company & Trust borrowers
•    ALT Doc with 12 months ABN
•    ALT Doc with no BAS or Trading statements (in most instances)
•    Accountant letter can be used to support ALT Doc Declaration
•    Generous Cash Out amounts considered
•    Unlimited debt consolidation (including business debts)
•    Repay outstanding ATO debts
•    Arrears on unsecured debts does not impact product qualification
•    Refinance private, caveat or second mortgage facilities (provided repayment history evident)
•    Various levels of credit impairment allowed
•    Multiple categories of credit impairment allowed
•    Vacant Land acceptable as security
•    Risk Fee can be capitalised

Lenders such as;
RedZed Lending Solutions Pty Ltd, LaTrobe Financial & Pepper Home Loans