Lo-doc loan options exist for both PAYG employees and Self-Employed applicants who meet the relevant lender criteria. These products are designed to simplify the process for customers who are unable to verify incomes at the time of applying for the loan.

Lenders who offer Lo-doc loan products or allow an exception to their lending policy, will accept reduced evidence of income. However, with this exception comes a trade-off via either a higher rate charged to the client and/or a lower LVR allowed on borrowings.

If you think you might need a lo-doc loan please contact Holistic Home Loans to discuss your circumstances and options in more detail.