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 Bridging Loans for Residential Property.
If you are self employed and you do not have up to date company or personal tax returns then a low doc  loan may be the right solution for your lending needs if you are purchasing a residential property.

A bridging loan is a short-term loan which can bridge the gap between the purchase price of your new home and maintaining your existing mortgage until your existing home is sold. It allows you to access the equity in your existing home as security for the deposit towards your new dream home.

  • Low Doc Bridging available to Self Employed Borrowers
  • Loans up to $2,000,000 (Up to 75% LVR to $2,000,000 and up to 80% LVR to $1,500,000)
  • Interest Capitalised during Bridging Period.
  • Available in both Prime and Near Prime
  • Cat 1 and 2 locations only
  • Loan Term from 6 months minimum to 18 months maximum
  • Servicing to be evident on the residual debt position post sale of property
  • Credit Profile: Unlimited defaults up to $1,000 and no more than 2 paid defaults greater than 12 months
  • Standard Residential Property (must be zoned residential or rural residential)
  • Owner occupied and Investment
  • Individuals, companies and trusts

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) in cat 1 or 2 locations
Loan term 6 months > 18 months maximum
Interest type Variable
Repayment type Interest-only
Repayment options Capitalised, Monthly, fortnightly or weekly.
Repayment method Direct debit only.
Maximum Loan to 80% 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 Loans up to $2,000,000 (Up to 75% LVR to $2,000,000 and up to 80% LVR to $1,500,000)
Acceptable Applicants Individuals, Companies and Trusts
Discharged Bankrupts or Part 9 or 10 Yes at higher rate from 1 Day discharged
Establishment Fees Establishment Fees are payable on all loans
Capitalised Risk Fees Up to and inclusive of 80% LVR during Bridging Period
Servicing  To be evident on the residual debt position post sale of property

*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.