• Self employed
• Financials not yet done
• Short term self employed
  

Low Documentation (or No Documentation) loans are designed for the self employed or small company borrower whose financial statements may not be available for many different reasons, e.g. Accountant hasn’t completed their bookwork. The borrower must have the standard 20% deposit or equity in existing real estate property.

These loans are usually a variable rate and offer most of the features and benefits attached to the lender’s standard variable rate loan product. A Low Document loan can be just as competitive as mainstream lenders, however they provide less hassle as the borrower doesn’t have to provide the usual lender income documentation.

Generally LoDoc home loans are available for those borrowers who are self-employed with a financial situation that makes it difficult to verify their income.

Most lenders only offer Investment LoDoc loans; financestore however has access to a number of lenders who offer owner occupied LoDoc home loans

If you need more information on these types of home loan products and how they suit your individual home loan needs, enquire online or call 1300 666 500 to speak with an experienced Workforce Finance consultant.