Low doc loans
If you are self-employed or work on a contract basis, you may struggle to get a home loan from a traditional lender, as they may need you to provide payslips, tax returns and financial statements to prove your income and expenses.
At Enlighten Finance, we offer low doc loans for self-employed borrowers who cannot provide the standard documents. Low doc loans are home loans that require less documentation to verify your income and expenses, such as bank statements, BAS or an accountant’s letter.
Low doc loans can help you buy a home, refinance your loan, invest in property or consolidate debt. But low doc loans are not for everyone, as they may have higher rates, fees and charges than regular home loans. They may also have stricter criteria, such as needing a larger deposit, a good credit history and a lower LVR.
At Enlighten Finance, we will help you find the best low doc loan for your needs and goals. We have access to over 30 lenders and hundreds of home loan products for low doc borrowers. We will compare and negotiate for you to find you the most competitive deal for your situation.
If you are self-employed or work on a contract basis and want to apply for a home loan, contact us today for a free consultation. We will help you find the best low doc loan for your situation.