At a glance…
- A flexible solution for self-employed people.
Low Doc loans are a flexible solution if you are self-employed with income and assets, but are unable to provide the required financial statements or tax returns at the time of applying for a home loan.
We simply ask you to complete an income declaration form along with our standard home loan application.
| Features |
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| Choose the loan to suit your needs |
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| Interest rate(2) |
- Our standard interest rate for the loan product will apply to the loan of your choice.
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| Minimum loan amount |
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| Maximum loan amount |
- The maximum amount of loan available is a percentage of property valuation. This is called the Loan to Valuation Ratio or LVR.
- LVR of 60% for Small Business loans
- LVR of 80% for term home loans
- LVR of 75% for Asset Line - line of credit facility
- *Mortgage insurance will apply to loans with LVR greater than 60%.
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Important Information
- Excluding Introductory One Year Fixed Rate Loan
- Low Doc margin is applied to standard interest rate
