LOW DOC HOME LOAN REFINANCE UP TO 85% LVR

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.

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Low Doc Home Loan for Refinancing of 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.

  • Low Doc Refinance loans available to Self Employed Borrowers
  • Refinance 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
Cash Out Unlimted Cash out to maximum 85% LVR for all acceptable purposes including business 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 85% LVR
APPLY FOR THIS LOAN

*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.