LOW DOC CONSTRUCTION LOANS
Our low doc construction loans will help you complete your building project quickly and cost-effectively.
If you’re self-employed or a small business owner, it can be tricky finding a loan for your building project. Perhaps you’re planning to build your dream home? Or you’d like to renovate? Maybe you’re a developer? You need the loan to complete your project, but you don’t have the paperwork to show your earnings.
Unfortunately, many lenders refuse to offer these types of loans as a low doc option.
And loans that do exist are often restrictive with expensive fees and high interest rates. At Low Doc Loan Experts, we’ve built trusted relationships with lenders who specialise in construction loans for customers like you. Our loans don’t penalise you because you can’t prove a regular income or your paperwork isn’t in order.
Call us today on 1800 781 680. We’ll find a competitive lending solution for your building project.
Understanding Low Doc Construction Loans
- Gives you access to standard loans at much lower rates than the usual inflated superannuation loans.
- ‘Low documentation’ or ‘low doc’ construction loans are designed for customers who have difficulty providing the documentation required for a traditional loan.
- Low doc loans don’t require traditional proof of income such as company financials or tax returns.
- The loan to value ratio for low doc construction loans can be as high as 80%.
- Our loans offer flexible payment options.
- Ability to pay principal & interest and interest only.
- Maximum loan term up to 30 years.
- Loan applications require a signed borrowers income declaration by a licensed accountant (we can help).
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