Low Doc Loan Experts
When it comes to Low Doc no two loans are ever the same.
This can also be said about the lenders in the market with each having their own unique requirements, some more stringent than others.
Finance Warehouse have access to all main stream Low Doc lenders as well as those handy not as stringent 2nd tier lenders, we have every option available no matter how unique your situation may be
Your allocated broker will take the time to analyse your individual situation and place you with the lender who suits your requirements.
Income stated on the lender’s income declaration form still requires supporting documents to verify the declaration.
The main documents required to verify your Self Employed income are;
- 12 months BAS statements.
- Accountant Letter verifying income
- Bank statements confirming regular deposits
- 2 years concurrent tax returns
Low Doc Loan to Value Ratios
Major banks tend to only go up to 60% exposure.
2nd tier non mainstream lenders will go allot higher than the 60% offered by the major banks and are very comfortable around the 80% mark.
There are lenders in the market lend greater than 80% however requirements for this type of lending do increase as does the interest rate applied.
Call us today on (02) 8021 2840 and have a licensed Finance Warehouse broker work one on one with you through your situation, tailoring options your unique situation requirescontact us (02) 8021 2840