Transcript
0:00
What is a low-doc home loan and is it right for you?
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It could be right for you if you are a self-employed freelancer, small business owner, investor, contractor, casual worker, seasonal worker, or an ABN holder, but lacking enough documentation to present to the bank.
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Banks look at self-employed differently as compared to other borrowers because they think they’re high risk due to the potential fluctuations in income.
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For banks, they think that this can affect your ability to meet repayments. With the help of the right mortgage broker, and a low-doc home loan, you’ll be able to prove your ability to get the financing that you need for your next property purchase.
