Low Doc Loans
Welcome to Low Doc Loans!
Low Doc Loans are a flexible financing solution designed for self-employed individuals, freelancers, small business owners, and investors who may not have all the traditional documentation required for a standard home loan application. At Low Doc Loans, we understand that not everyone fits into the standard income verification criteria, and that’s why we are here to help you secure the funding you need for your property goals.
What are Low Doc Loans?
Low Doc Loans, also known as Low Documentation Loans or Alt Doc Loans, offer an alternative way for eligible borrowers to access home loans without the need for extensive financial documentation. These loans are ideal for those who have a fluctuating income or are unable to provide the typical income evidence required by traditional lenders.
Risk vs. Reward
Lenders are always looking to balance risk and reward. You can find that the more information you provide, the cheaper the loan can be.
Lenders are always looking to balance risk and reward. You can find that the more information you provide, the cheaper the loan can be.
FAQ's
Low doc loans are more of a spectrum than a category. Rather than say we can’t give the lender the standard documentation, we start to ask, what can we show them?
Some lenders can consider alternative forms of income assessments. One option might be self-declaration of income or reporting from your accounting software.
This can be an option for some lenders, we can work closely with your accountant on what options might be available to you.
Some lenders can look at your bank statements, rather than financials to assess your income. Depending on your situation this might be a solution.
In many cases, low doc loans are to help people get through a challenging time.
After the loan is done and you are in a position to your documentation in order, we can look to refinance you to a more traditional loan and, in most cases, decrease your interest rate.
Getting a low doc loan doesn’t mean that you must keep it forever.
Talk to the experts
How it works
process of getting a great deal. Here is how the process works.
01
We meet and get to understand what your current position is and what your goals are.
02
We go back to the lab and do all the research to build a game plan on how we can get you to where you want to be.
03
We present solutions tailored to your goals and circumstances for you to decide what is best for you.
04
We do the leg work to get you approved and manage the process all the way through to the end.
05
We review your home loan regularly, making sure you are always on a great deal.
We meet and get to understand what your current position is and what your goals are.
We go back to the lab and do all the research to build a game plan on how we can get you to where you want to be.
We meet and get to understand what your current position is and what your goals are.
We do the leg work to get you approved and manage the process all the way through to the end.
We review your home loan regularly, making sure you are always on a great deal.
Why Choose Us?
We put you first, not a bank
We are legally required to put your best interests first under Best Interest Duty Legislation. Not only do we comply, but we embrace this. We are family-owned, not banked owned.
Access to over 30 lenders
With access to over 30 lenders and hundreds of lending products, we can help find the right loan to suit your needs.
We are with you for the long haul
We aren’t here to just do a transaction; we are here to help you achieve your goals. We have your back every step of the way.
We come at no cost to you
We are here to help you keep money in your pocket, not take it out. We receive our payment from the bank that wins your business.
We do the hard work, so you don’t have to.
Getting a loan can be a complex process, so put the experts to work and let us handle it for you.