Self Employed / Lo Doc / No Doc

We’ll find the loan that’s right for you …

 

A Lo Doc (or Easy Doc) loan is designed for the self-employed or small company borrower whose financial statements may not be available for many different reasons e.g. accountant hasn't completed their bookwork. The borrower must have a deposit or equity in existing real estate property. With most lenders this amount is 20% of the new property value

These loans are usually a variable rate and offer most of the features and benefits attached to the lender's standard variable rate loan product. Lo Doc loans are available from both, banks and non bank lenders. A non bank Lo Doc loan can be just as competitive as mainstream lenders, however they provide less hassle as the borrower doesn't have to provide the usual lenders income documentation.

What documents do I need?

• A signed borrowers income declaration
• Registered business name
• Registered ABN and GST registered

 

Eazy Finance will help you get your loan approved!