Low-Doc LoanOur Low-Doc loans are extremely popular! In property alone Low-Doc loans now account for 40 per cent of mortgages. That's because our Low-Doc loans have features that make them very competitive with Full-Doc loans. For instance: - Loan to Value Ratio (LVR): 80% (in some instances even higher)
- Interest rate: same as a standard loan (conditions apply)
- Feautures (off set/redraw/online banking/...): same as full doc
"My business is going through a growth spurt and earnings this year are significantly up from last year. I have saved up the deposit and want to make the purchase now. But my 2 year financials do not accurately reflect my income and the bank tells me that under the policy I don't qualify for the loan..."
So don't hesistate! If you are in need of finance and do not have all your income figures ready, call us and let us help you find out if you could go ahead with a Low-Doc, No Doc, Lite-Doc or Asset Lend loan. |