Lo-Doc Loans

Break Down


  • Most commonly used for 'Self-Employed',' Contract' or 'Season Workers', who do not have a regular income.
  • A Lo- Doc loan facility is usually suitable for Self-employed or small company borrowers, whose financial statements/ tax returns may not be available for many different reasons.
  • Usually to qualify for a Lo-Doc loan facility the borrower must generally have a clear Credit History.
  • Being a Lo-Doc Loan facility enables you to apply for a loan, with minimal documentation, enabling them to join and have the home ownership like most other Australians, involved in home ownership
  • Interest Rates at the moment, as extremely competitive, some lender's rate may vary with this facility, (discuss this with us at the time of application).
  • Some Lenders may also require LMI (Lenders Mortgage Insurance) in order to secure the loan, usually once the lending facility exceeds 60% of the value of the property (LVR) as opposed to 80% for a standard loan.



If you have any queries regarding any Finance, Mortgage or Insurance or any other matter,
please don't hesitate to contact our professional team at FLR Solutions on:

0415 280 555 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it

or Simply fill out our enquiry form and we will promptly contact you


 

 

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