We know how hard and frustrating it can be for a business owner to provide the necessary documentation for a home loan. Low doc and self employed home loans are designed for people that have more complicated financial situations or can't provide a traditional proof of income. Whether you are self-employed, work independently, a small business owner, freelancer, contractor or ABN holder whose loan application may be more complex, we have many products to choose from to find the right loan for your needs.
We can offer you a loan where all we will need is a declaration of income from the borrower plus one of the following:
A low-doc loan is a type of mortgage that requires less documentation than a traditional mortgage. This can be helpful for borrowers who may not have the necessary documentation, such as self-employed borrowers or those with irregular incomes. Low-doc loans typically have higher interest rates and may require a larger down payment than a traditional mortgage.
If you're thinking of applying for a low-doc loan, be sure to talk to a financial advisor to see if it's the right choice for you.
Low-doc mortgages are typically for self-employed borrowers or those with irregular incomes. This type of loan can be helpful if you don't have the necessary documentation to apply for a traditional mortgage
One benefit of a low-doc mortgage is that it may be easier to qualify for than a traditional mortgage. This can be helpful if you don't have perfect credit or if you don't have all of the necessary documentation. Another benefit is that low-doc loans typically have lower interest rates than other types of loans, such as personal loans.
One drawback of a low-doc mortgage is that you may have to make a larger down payment than you would with a traditional mortgage. Additionally, low-doc loans typically have higher interest rates than traditional mortgages. This means that you'll need to carefully consider whether a low-doc mortgage is the right choice for you before applying.
If you're thinking of applying for a low-doc mortgage, be sure to talk to an advisor to see if it's the right choice for you. A advisor can help you understand the pros and cons of this type of loan and determine if it's the best option for your needs. Masari Financial is always here to help! Contact us today to learn more about our services. We'll be happy to answer any of your questions.
Lets work together to find the right product for you and your circumstances.
Phone: 1300 MASARI
1/64 Kitchener Parade,
Bankstown NSW 2200
Resicom Capital Finance T/As Masari Financial ABN 58 614 570 900
Australian Credit Licence Number
536502