Your eligibility

If you’re self-employed and looking at a Low Doc Loan there are just some conditions to consider. These are:

• You’ll need to have been self-employed in the same industry for at least 1 year and supply details such as your ABN and/or Certificate of Incorporation.
• The maximum amount you can borrow as a Low Doc Loan is 80% of the value of the security provided.
• You will need to take our Lenders Mortgage Insurance if you are borrowing more than 60%.
• You will need to provide your Business Activity Statements (BAS) for the past 12 consecutive months verified by the Australian Tax Office (ATO).
• You need to confirm that your income is registered for GST for a minimum of 12 months.
• You may be asked to provide 6 months worth of statements for your primary business or personal transaction account.
• Our Low Doc service is available on all loan types, except for introductory rate loans (including 3 Year Special Economiser), No Fee Variable Rate, and Equity Unlock Loan for Seniors.
• Wealth Package is available if your loan amount is 60% or less of the value of the security property (as determined by our valuation, not the purchase price).

To find out more about our Low Doc Home Loans and how you can benefit, simply contact us to get in touch with one of our lenders.

Or, if you meet all of the requirements for a Low Doc Loan and have found the one to suit your needs, you can apply now online.

Apply now

• Important information
  Applications for finance are subject to the Bank’s normal credit approval. Full terms and conditions are included in the Loan Offer. Bank fees and charges are payable. Low Docs are not available on 1 Year Guaranteed Rate, 12 Month Discounted Variable Rate, No Fee Variable Rate, 3 Year Special Economiser or Equity Unlock Loan for Seniors. Qualifying and ongoing criteria applies to Wealth Package. Terms and conditions for Wealth Package and MISA are available on application.