Lo Doc

Commercial Lo Doc mortgages are available to clients that are not able to evidence their income via tax returns. A lo doc borrower self certifies their income which is then used to demonstrate serviceability. By obtaining further income support by way of an accountant’s letter confirming their financial position, Lo Doc borrowers are able to avail of higher LVRs and lower interest rates than those available to standard Lo Doc (without an accountant's letter) or No Doc commercial borrowers.

Iden commercial mortgages are designed as ‘set and forget’ loans with longer loan terms which means that you don’t need to worry about annual portfolio reviews and rollovers that have to be endured with your more traditional commercial loans.

This means that you avoid the hassle of having to provide updated financial information, having your security property revalued and of course the associated fees that go with this. Not only do you receive a competitive ongoing interest rate, Iden commercial mortgages are also free of monthly account keeping fees and annual line fees.

Iden commercial Lo Doc product spec available here.

Make an appointment to see an Iden Money Loan Consultant.