Low Doc / No Doc Loans

A low-doc or no-doc loan is designed for investors or self-employed borrowers looking to refinance, purchase or renovate. No tax returns or financial reports are required.

Advantages:

• Simple income declaration form
• No tax return
• No financial records
• Fully serviceable loan options, redraws, line of credit, variable or fixed rates,
• P&I or interest only loans 

 

Disadvantages:

• Often they have a higher interest rate