Low Doc Loans

NO BAS,NO TAX RETURNS Required...Loans from 5.84%

Unlike many other banks or lenders, Freedom Loans is still offering Low Doc loans at up to 80% LVR (Loan To Value Ratio) at highly competitive interest rates.

Are you self-employed with regular income and assets, but unable to provide banks or lenders with the financial statements or tax returns they require to approve a loan?

Then you may want to consider a Low Documentation ("Low Doc") Loan from Freedom Loans. We specialise in providing loans to people who don't fit the narrow lending criteria of other banks and lenders - including self-employed and credit impaired clients.

Recent turmoil in the financial markets has reduced opportunities for self-employed borrowers and you may find that many lenders or brokers won't be able to help you.

For example, most lenders will NOT lend more than 60% of the value of the property as a low doc loan.

However, we can still arrange low doc loans at up to 80% LVR - even if you have had credit defaults in the past.

Plus, we have access to low doc funders offering very competitive interest rates as low as 5.84%.

Freedom Loans has a loan to suit your situation:

  • Self employed
  • Irregular income
  • No tax returns
  • Rejected by previous lenders
  • Have had previous loan defaults
  • Limited savings history
  • Starting up in business

When you apply for a low doc loan, instead of providing tax returns with your application, you are simply required to sign a declaration that states your annual income and ability to afford the loan.  

Low doc loans are also available for people with an imperfect credit history (including up to $25,000 in defaults, providing there is a reasonable explanation).

Freedom Loans deals with specialist lenders who will assess each situation on its merits, rather than basing every decision on narrow "bank policy".

We specialise in assisting self-employed clients gain access to the funds they require to move forward with their businesses and their lives.

Apply online in minutes to find out more about what Freedom Loans can do for you.