Low Doc facilities are loan facilities that are particularly popular with self-employed clients.

They are designed for clients who cannot formally verify their income through traditional means due to various reasons such as not having tax returns ready, there may have been an unusual occurrence happened during that year which may have impacted negatively on the profitability of a business, or the current financial year may be significantly better than prior years. In such circumstances, conventional lending may not be available for these clients.

The burden or providing verification of income or profit is replaced with a declaration made and signed by the borrower/s stating what their income and / or profit is or was for the past year. This declaration is supported with either recent business banking statements, recent BAS statements or an acknowledgement by your accountant. The more information you can provide will assist us in getting you a more competitive interest rate.