Lo Doc

Lo Doc mortgages are available to self employed borrowers that are not able to provide the evidence of income required for a Full Doc loan. Typically with a lo doc loan the borrower ‘self certifies’ their income, which is then used by the Lender when assessing the application. Given the additional risk to the Lender with not sighting evidence of income, the maximum Loan to Value Ratio (LVR) is less than that available on Full Doc loans, typically 80%. Lo Doc mortgages are available for a variety of purposes, including purchasing a home or investment property, refinancing an existing loan, to assist with construction and many more. There are a variety of Lo Doc mortgage products available, ranging from a basic term loan to more complex products such as a Lines of Credit or a Term Loans with Offset. There are also loans available for specific purposes, such as construction loans and bridging loans. By clicking on the icons below you will find out what the benefits are of that specific product which will help to determine the right one for your needs.

Make an appointment to see an Iden Money Loan Consultant.