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 Loans for Rural /Farming Loans
Low doc loans can also be used for rural and farming purposes in Australia. These types of loans are designed for self-employed borrowers who have difficulty providing the necessary documentation required by traditional lenders, but who have a proven track record of income from rural or farming activities.

To qualify for a low doc loan for rural or farming purposes, borrowers are required to have a minimum of 12 months’ self-employment history and a good credit history. The loan amount that can be borrowed varies from lender to lender and can range from $50,000 to $10 million or more, depending on the lender’s criteria.

Borrowers are required to provide minimal documentation to support their loan application, such as an ABN, bank statements, and income declaration forms. Some lenders may also require an accountant’s letter confirming the borrower’s income.

Interest rates on low doc loans for rural or farming purposes are generally higher than traditional rural loans as they are considered higher risk. The loan term can vary depending on the lender’s criteria, but it’s usually between 12 months to 5 years.

Before considering a low doc loan for rural or farming purposes, it’s important to carefully consider the terms and conditions of the loan, including interest rates, fees, and repayment terms. It’s also advisable to seek professional advice from an accountant or financial advisor to ensure the loan is suitable for your individual circumstances and that you have a solid plan for repaying the loan. Additionally, it’s important to have a realistic and well-planned farming or rural activity in place to ensure that the loan can be repaid on time and in full.

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 or refinancing a rural agricultural property.

  • Low Doc Rural Loans available to Self Employed Borrowers
  • Purchase or Refinance up to 55% of the properties value (First Mortgage).
  • 2nd Mortgage to 65% LVR
  • Individuals, companies and trusts
Loan purpose Rural / Agricultural / Farming
Loan term First Mortgage: 12 > 24 months

Second Mortgage 3 >  9 months

Interest type Fixed rate.
Repayment type Interest-only or pre-paid
Repayment options Monthly
Repayment method Direct debit only.
Maximum Loan to Improved Land > 55% LVR on a first mortgage
Credit history Past credit impairment can be considered at higher rates and fees
Loan size $1 > 5 million First Mortgage to maximum 55% LVR

$200 > $600 Second Mortgage to maximum 65% LVR

Loan Purpose Rural or Agri farm land
Acceptable Applicants Individuals, Companies and Trusts
Early Repayment Fee  1 > 3 months interest
Annual Rollover Case by Case
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.