View product matrix below then click on apply if you wish to qualify for this loan and receive a detailed assessment and full cost proposal.

Low Doc Home Loans for Bad Credit Applicants.
If you are a self-employed individual in Australia with bad credit and are looking for a low doc home loan, it can be challenging to find a lender who will approve your application. However, we specialize in offering low doc home loans to self-employed individuals with bad credit.

To improve your chances of getting approved for a low doc home loan with bad credit, you may need to provide additional documentation to support your application, such as bank statements, proof of savings, and a statement of assets and liabilities. You may also want to consider working with a mortgage broker who can help you find a lender that is willing to work with self-employed individuals with bad credit.

It’s important to note that low doc home loans for self-employed individuals with bad credit often come with higher interest rates and fees compared to traditional low doc home loans. Additionally, these loans may have stricter eligibility criteria, such as requiring a larger deposit or more frequent mortgage repayments.

  • Low Doc Bad Credit Residential loans available to Self Employed Borrowers
  • Borrow up to 85% of the properties value depending on location and Lender
  • Standard Residential Property (must be zoned residential or rural residential)
  • Terms up to 40 years with up to 5 years interest only
  • Owner occupied and Investment
  • Individuals, companies and trusts
  • Large range of lenders to find a suitable low doc loan solution for your new purchase.

The main documents that we will accept that can be used to verify your income are:

  • An Accountants Letter verifying your income.
  • 6 months of Lodged BAS Statements from ATO Portal
  • 6 months of Business bank statements

You must have an ABN that has been registered (and possibly GST registered if income is over $75,000) Most Lenders require ABN to be registered for 2 years. We have lenders that will accept an ABN registered for only 6 months.

Loan purpose Residential or Rural Residential (up to 25 acres)
Loan term 1 > 30 years.
Interest type Variable rate.
Repayment type Principal & interest, or interest-only up to 5 years then principal & interest.
Repayment options Monthly, fortnightly or weekly.
Repayment method Direct debit only.
Maximum Loan to 85% in high population areas (capital Cities and Major Regional Towns with populations over 10,000 people
Credit history Past credit impairment can be considered at higher rates and fees
Minimum loan size $100,000
Maximum loan sizes
  1. Will allow you to borrow to a maximum of $1,000,000 to 85% of Property Value
  2. Will allow you to borrow to a maximum of $1,750,000 to 80% of Property Value
  3. Will allow you to borrow to a maximum of $2,000,000 to 70% of Property Value
  4. Will allow you to borrow to a maximum of $2,500,000 to 65% of Property Value
Acceptable Applicants Individuals, Companies and Trusts
Discharged Bankrupts or Part 9 or 10 Yes at higher rate from 1 Day discharged
Cash Out Unlimted Cash out to maximum LVR for all acceptable purposes including usiness purposes including payout ATO debts, workingcapital and purchasing business equipment.
Current Mortgage Arrears in last 6 months Can be considered on a case by case
Debt Consolidation Unlimited to Maximum LVR

*Interest Rates: All rates are subject to change without notice. Please check all rates and terms before applying.
Low Doc loans are designed for the self-employed or small company borrower/s whose financial statements may not be available. Reasons for this may encompass: Their accountant hasn’t completed and lodged their financials.