Low Doc Loan
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Low Doc Loan
For a Low Doc home loan, especially tailored for self-employed individuals or small business owners lacking the full suite of documentation typically needed for a standard home loan application, you will need to provide a specific set of documents to demonstrate your financial stability and ability to repay the loan. The required documents for a Low Doc loan typically include:
- Proof of ABN registration for at least 6 months.
- Proof of GST registration for at least 6 months, if applicable.
- A declaration of your financial position.
Additionally, you will need to provide one of the following:
- The last 6 months of your business bank statements.
- The last 6 months of Business Activity Statements (BAS).
- An accountant’s letter verifying your financial details.
These documents help lenders assess your financial health and decide on your loan application without the need for traditional income verification documents like payslips or tax returns.
Talk to our mortgage experts
Speak with Insurance Time experts and ask questions before finalising your plans or if you want help regarding our services.
Contact us through phone
info@tsgmortgage.com.au
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15 Abbeywood Street Taigum QLD 4018
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