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 Purchasing of Residential Property.
Low doc home loans are designed for individuals who are self-employed or have irregular income and may not be able to provide the usual documentation required for a standard home loan. These types of loans can be used to purchase residential property, but the terms and conditions may vary depending on the lender and the borrower’s financial situation.

Generally, low doc home loans require less documentation than traditional home loans. Instead of providing pay slips or tax returns, borrowers may be able to provide alternative documentation such as business activity statements, bank statements, or an accountant’s declaration of income. Lenders may also require a higher deposit or charge higher interest rates to offset the increased risk associated with lending to self-employed individuals or those with irregular income.

When considering a low doc home loan for purchasing residential property, it’s important to carefully evaluate your financial situation and determine if it’s the best option for you. You should consider factors such as the interest rate, loan terms, fees, and your ability to make timely payments. It’s also important to work with a reputable lender who can help guide you through the process and ensure that you understand the terms and conditions of the loan.

Overall, low doc home loans can be a viable option for self-employed individuals or those with irregular income who are looking to purchase residential property.

  • Low Doc Purchasers 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 30 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
Risk Fees Risk Fees are payable on all loans
Capitalised Risk Fees Up to and inclusive of 85% LVR
Gifted Deposit  Accepted 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.