Lo Doc & No
Doc
Lo Doc & No Doc Home
loans
Lo Doc, No Doc
These loans are intended for borrowers (both PAYG and
self employed) who for whatever reason are unable to
provide full financial statements to the lenders.
A Low Documentation (Lo Doc) loan requires the
borrower to sign a statement declaring their ability to
meet the repayments without undue hardship. Income is
self certified and we are now able to provide lo doc
finance up to 95% LVR.
A No Documentation (No Doc) loan requires no
financial documentation whatsoever, and is a straight
asset lend. The maximum Loan to Valuation Ratio (LVR) is
now 70%. |