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
Get in contact with us today to discuss how we can help you.
0422 126 430
Australian Credit Licence Number: 515855
Member of FBAA and AFCA