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 Loan for Refinancing of Residential Property.
A low doc home loan is a type of mortgage that is designed for self-employed individuals who have difficulty providing the traditional financial documentation that is required for a regular home loan. These loans typically require less documentation and can be used for various purposes, including refinancing and debt consolidation of an existing residential property loan.

If you are a self-employed individual in Australia and are looking to refinance your residential property, there are several lenders who offer low doc home loans. However, it’s important to note that these loans often come with higher interest rates and fees compared to traditional home loans.

To apply for a low doc home loan, you will need to provide certain documentation, such as your most recent tax returns, bank statements, and income declarations. You may also need to provide a statement from your accountant or financial advisor to confirm your income.

So 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

*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.