Low Doc Loans: A Complete Guide for Self-Employed Borrowers
If you're self-employed or a small business owner, getting a home loan can feel daunting. This episode covers low doc loans, alt doc options, what lenders accept as income verification, and how to position yourself for approval.
Key Takeaways
You generally need a minimum of 2 years ABN registration for low doc loans
BAS statements, accountant declarations, and bank statements can all serve as income evidence
Low doc loans typically require a higher deposit — usually 20% minimum
Some lenders offer full doc products with alternative income verification methods
Topics Covered
About the Host
Sakib Manzoor
Senior Finance Wellness Expert & FBAA Accredited Broker
As the founder of Secure Finance and host of The Secure Finance Podcast, Sakib brings years of experience in Australian mortgage broking. FBAA accredited, he's passionate about making property finance accessible and helping Australians make informed decisions about their home loans.
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