Low doc loans

“For self-employed applicants with limited income documentation”

Many overlook one sector of the market which is stable, and growing steadily. That’s the low doc sector. “Low doc” loans or also known as “Alt doc” loans are simply loan applications where a self employed applicant cannot prove their true annual income from traditional sources of documentation. Here, relative regulatory stability has allowed the non-banks to introduce new products, particularly in the prime and non-prime space.

Over the last decade, we’ve seen many changes to the “low doc” market:

  • Tighter serviceability criteria
  • More proof of income required
  • Lower maximum ‘loan to value ratios’ (LVRs)
  • Various lenders pulling out of this space
  • Additional interest rate loading

Our experience and expertise enables us to place your loan request to the right lender the first time.

What our clients say

Matt nurtured me for over five years

“Thank you Matt & Blue Key Finance! I approached Matt about five years ago to assist in some initial questions about a home loan. Over the past five years he has provided excellent advice and has assisted through three loan applications. Finally I have my home. Thank you for the professionalism, guidance and support.”

Mile Glamcevski