Low Doc Loan / No Doc Home Loans

Low-Documentation (Low-doc) Loans require very little documentation to get approval. This type of loan is useful for borrowers who are self employed or are investors. Tax returns and Financial reports are not required to secure the loan. Generally speaking, the less the documentation required the higher the initial deposit money or a significantly higher interest rate. 

No-Documentation (No-doc) Home Loans require no documentation to get approval. This type of loan is useful for borrowers who are self employed and Pay- As- You-Go (PAYG) applicants who are unable to provide the conventional documentation required to prove their income level. A higher the initial deposit money or a significantly higher interest rate is applicable.