Home PageContact Details
 

apply for your home loan online

Our online home loan application form is easy to use.... Apply online now for your home loan, refinance, or debt consolidation loan.... We have over 30 lenders with no deposit loans and low doc loans waiting for you to apply.

apply online

Home About Us Apply Now Login Quick Application Contact Us

 
INFORMATION

 
 
 
LOW DOC and NO DOC LOANS
 

Are you a business owner or investor who has good assets but has been declined by your bank for finance in any of the following scenarios: -

  • Your business has been recently started.
  • You wish to purchase a business but don't have any figures or previous experience.
  • You have been too busy (or your accountant has been too busy) to produce accountant prepared financial statements.
  • The business is going to plan but hasn't yet built profits to a level that satisfies the bank.
  • The extra profits that the bank wants to see won't be generated until after you access the capital that you need.
  • Your income is rapidly changing and past income records do not reflect your current or new income.
  • You need to access the equity in your existing property to purchase more property to build your wealth and income.

The great American writer Mark Twain once said "The only way you can get a loan from a bank is to prove that you don't need it"

If you have been frustrated in your attempts to get finance from a Bank or another lender, then a LOW DOC or NO DOC LOAN may be your answer. We may be able to arrange low doc loans when you do not have financial statements or tax returns.

Instead of the usual tax returns and financial statements, the lenders rely on a simple income declaration signed by you that states your income level, and that you are able to meet all commitments including the repayments on the loan sought. Provided that the income level declared will service all commitments and the new loan, then the loan should be approved.

These loans have been in the market for some years now and have proven very popular with business owners and investors. Now other applicants are beginning to use these loans as well.

Interest rates are at or just slightly above normal market rates. We should also caution that your declared income should not differ significantly with that shown on your tax return, else questions may be raised in an ATO investigation. We suggest that you ask your accountant or financial adviser if you have any doubts in this regard.

These loans have allowed many Australian business owners to drive their business to higher levels with the extra capital that they make available. They have also allowed investors to purchase higher levels of property, and cash in on the lucrative property market. In fact there are a lot of people who have saved their business, been able to buy or build their business, or been able to create property wealth with Low Doc loans. They have been a financial life saver for many people.

Have you missed opportunities because you couldn't access finance when you needed it?

Don't let opportunities pass you by, if you are in business you will automatically be considered for a low Doc loan (if you are unable to produce recent tax returns) when you apply online with us – Apply Online NOW.

 

Copyright ©2004 ...Do Your Own Home Loans ...All rights reserved.
Website by
Atomic Software Solutions