Low Doc Home Loans
Rate 2.9%, Borrow 80%, No LMI or Fees
Self employed people often struggle to secure a home loan. Our low doc loan is the answer.
Minimum documentation is required. You will need an accountant's letter verifying your income. You do not need tax returns or financial statements or Notice of Assessments.
Your Requirements
80% Loan To Value Ratio: Loans under 80% loan to value ratio will not require lenders mortgage insurance. If lenders mortgage insurance needs to be taken out it can be capitalised as part of the loan or paid upfront. It is approximately 2% of the loan value. The cost, when added to your repayment is about $50 per month for an average loanLow Doc Rates: Interest rates start from 3.85% for home loans to 4.5% for investment loan rates. Each low doc loan by lowdeposithomeloanco is different and is evaluated on a case by case basis. Call 1300 582 626. We are open 24/7ABN Requirement: A low doc loan requirement is that you must have had an ABN for at least a year, usually for 2 years, depending on your circumstances.Home, Investment Loans, Equity and Credit: Low doc loans by Byblos Loans can be used to purchase a home, investment property or as a line of credit against property
Targetting Your Needs
- Max Loan - The maxmum loan amount for a lo doc loan is $2.5m
- Interest Only - Repayment of Loans can be on either an interest only basis or principal and interest. Redraw facilities are available.
- Loan Term - The term of a low doc loan is the same as a standard home loan with options up to 30 year terms
- Minimal Documentation – The purpose of a low doc loan is to allow self employed people the opportunity to secure a loan with minimum documentation. The borrower’s accountant needs to verify the applicant’s income.
- Offset Accounts – Just as a home loan can have an offset account so can a low doc loan. If an offset account is not available with a lender a redraw facility will be
- 24/7 Customer Support - We are open till midnight every day and offer phone support any time of the day 7 days a week. Our brokers will meet with you or you can come to our office
- Home Loan Rates - Interest rates for low doc loans are similar or slightly higher than home loan and investment loan rates.
- Specialist Advice - Byblos Loans has a specialist team of brokers who specialise in low doc lending and are able to negotiate on your behalf against the banks.
- Loan Assessment - Assessment of a low doc loan is on a different criteria than a full doc loan. The banks understand that businesses may not have completed all their tax returns and financial statements to verify their income
Business benefits
financial etc
Business Process Outsourcing Services
Digital
Lorem ipsum dolor sit amet, consectetur adipiscing elit.
Strategy
Lorem ipsum dolor sit amet, consectetur adipiscing elit.
Business
Lorem ipsum dolor sit amet, consectetur adipiscing elit.
Technology
Lorem ipsum dolor sit amet, consectetur adipiscing elit.
Customers we’ve worked with
Why Choose Us
Simplify, automate, standardize
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor inci didunt ut labore et dolore a alit enim ad minim veniam, quis nostrud.
Innovative
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor inci didunt ut labore et dolore a alit enim ad minim veniam, quis nostrud.
Little upfront investment
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor inci didunt ut labore et dolore a alit enim ad minim veniam, quis nostrud.
Financial
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor inci didunt ut labore et dolore a alit enim ad minim veniam, quis nostrud.
Keep pace with technology
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor inci didunt ut labore et dolore a alit enim ad minim veniam, quis nostrud.
Competitive advantage
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor inci didunt ut labore et dolore a alit enim ad minim veniam, quis nostrud.
What our customers have to say
