Low doc loans for the self-employed
If you're self-employed and don't have documented proof of income, you can still apply for a home or investment property loan using our ‘low doc’ option.
What you need to provide
- A signed Borrower's Income Declaration
- Your registered Business Name
- Your ABN
- Your Business Activity Statements for the last 12 months.
Eligibility criteria apply.
The low doc option is available on these home loans:
- Fixed Option Home Loan
- Rocket Repay Home Loan
- Fixed Rate Investment Property Loan
- Rocket Investment Loan
- Equity Access Loan.
The low doc option for all these loans is also available under the Premier Advantage home loan package. The package provides:
- Up to 0.7% p.a. off the standard variable rate
- Up to 0.20% p.a. off fixed rates.
Check out the latest interest rates for our home and investment property loans.
We were awarded a 5 Star CANNEX rating under the Premier Advantage Package for these low doc home loans:
- Rocket Repay Low Doc
- 3 Year Fixed Low Doc
- Equity Access Loan Low Doc.
Restrictions on low doc applications
1. During the first 3 years of your loan, you are only able to switch to other ‘low doc’ home loans.
2. You can borrow up to 80% of the value of the property you are securing against:
- For loans up to 60% of the property value, no mortgage insurance is required and maximum loan size is $1.5 million
- For loans between 60% and 80% of the property value, mortgage insurance is require and maximum loan size is $1 million.
