No Doc Mortgages

No Doc Mortgages – Lending for the self employed

No doc mortgages are the perfect options for people who are looking to obtain a mortgage. The difference with a no doc mortgage is that we do not require the large amount of documents for a typical mortgage. This provides access to funding for people who run a business, are self employed or haven’t been in stable employment for a long period of time. The process for applying for a no doc mortgage is simple, stress free with a quick approval period.

Typically, a lender would require you to supply the last three years of profit and loss statements, information about your cash flow and other finance commitments. Our no doc mortgage lending is exactly that, no documents. Providing that you have equity in another home, we can provide you with funding in as little as 24 hours.

What is the qualifying criteria for a no doc mortgage?

A no doc mortgage is a way of not having to supply any evidence of income. No BAS statements, letters from your accountant or bank statements. There will usually need to be security provided through an asset source. The security will allow us to provide you with suitable funding solutions that meet your needs and requirements.

Can i have a no doc mortgage for a long period of time like a typical mortgage?

A no doc mortgage is usually a better idea to be a short or minimum term type funding. Lenders want to know that you have an exit plan for the loan and to have it paid off over a short period of time. A sustainable exit plan could be for example, waiting for the sale of a house.

We provide mortgages on your assets and property without a need for any financial documents. All that we expect you to do is fill up the enquiry form or simply call us on 1300 792 284 for a quick chat. This process is hassle free and instant.