Low Doc Loans

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.

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 documentation home loans are very popular with self-employed people and are available with interest rates as low as 8.7%.

Low doc borrowers who have held an ABN for 2 years or more may qualify for a 90% loan and self-employed individuals in business for less than 2 years can also qualify for up to 90%.

Low doc loans are also available for people with a bad or impaired credit history. There are a number of specialist lenders available that will assess each situation on its merits. Freedom loans specialises in assisting self employed clients that have had some credit issues gain access to the funds they require to move forward with their businesses and lives.

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