A low-doc or no-doc loan is ideally suited for investors or self-employed borrowers looking to refinance, purchase or renovate whose financials are not available. No tax returns or financial reports are required.
- 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
- Generally a higher interest rate
- In some cases no ABN is required