Low-doc home loans, also known as lite-doc or alt-doc loans, are lending solutions for self-employed borrowers. These can be useful for contractors, freelancers and other people who have no regular jobs and cannot prove An Aussie Mortgage Broker will contact you to discuss your home loan needs.
How No Doc Mortgage Loans Benefit the Self-Employed No doc mortgage loans are home loans that require a minimal amount of documentation during the application process. When applying for traditional home loans, applicants must provide a slew of personal information, including income verification, employment history, tax documents, and assets.
We have mortgage brokers that specialise in Low Doc Loans with many lenders that most mortgage brokers do not have on their books. Please complete our Application Form or Phone Direct and you can discuss your situation with an expert as it is important to deal with a broker that has several.
A reverse mortgage is not a refinancing mortgage, it is an advanced loan product for Australians over the age of 60. Unlike other home loans, this product can have a direct impact on your personal finances and quality of life during retirement. For these reasons it is important that anyone thinking about.
Select a Broker is a free service to help you find experienced Mortgage Brokers in your area. Call 1300 510 045, available 7 days till 9pm. mortgage broker. After this, you can contact us on 1300 510 045 or complete the form on the right. Our team is available to talk 7 days a week until 9pm.
The level of sub-prime mortgages in Australia may be. alleging wide-scale fraud from banks to brokers. While her testimony, which covers the period of 2008 to the present, was largely about low-doc.
The mortgage brokers who regularly do low doc mortgages might also have access to some finance companies, mortgage trusts and solicitor funds where the loan terms may go up to 3-years but the interest rates can be higher and most have high establishment fees.
However, as the property boom gathered pace, prudent lending standards were abandoned by many major lenders and groups such as Macquarie began aggressively targeting mortgage brokers, telling them.
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