If you’re self-employed or a small business owner and don’t have the required documents for a standard home loan application, then you may have heard about low doc and alt doc home loans.
What documents do I need for low doc loan?
We consider a range of financial documentation for our Low Doc home loans:
• 6 months of ABN registration and 6 months of GST registration
• Declaration of financial position, and one of the following:
• 6 months business bank statements
• 6 months BAS
• Accountant’s letter