Low Doc Loans

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Has a Bank Recently Declined Your Low Doc Loan Application?

Are you a self-employed borrower, with income and assets, who is having difficulty refinancing your existing mortgage? Freedom Loans can help! At Freedom Loans, we work with many borrowers who have been denied by banks. Our lenders don’t just offer lower rates than banks; they also offer fewer hurdles and more flexible lending standards. Just ask one of the many small business owners or self-employed borrowers we’ve found loans for. Before they came to us, these individuals were becoming disillusioned since banks never seemed interested in assisting them with their financing needs. No longer seeing value in having the self-employed as borrowers and customers, the banks simply deemed their low documentation loan applications as, “too risky.”

Unlike many other banks or lenders, Freedom Loans offers low doc loan refinancing and new home purchases with up to  80 percent loan to value ratio  and  interest rates as low as 4.75 percent* .

Common reasons many worthy borrowers are declined

Check out these common reasons why many borrowers are declined loans through banks and see if any of them look familiar:
  • Not having up to date BAS statements or financials
  • Needing more than 60 percent of a property’s value
  • Requiring cashout for various worthwhile reasons that the bank didn’t like
  • Being a sole trader who is not GST registered
  • Difficulty proving income

At Freedom Loans, we offer genuine low doc loan packages allowing borrowers to refinance existing mortgages with up to 80 percent LVR while still enjoying market leading interest rates. We are also able to provide low doc construction solutions for borrowers who are self employed and dream of building their own home.

There are few low doc loan options on the market, and even fewer that meet the refinancing and low-interest needs of most self-employed borrowers. At Freedom Loans, we have access to the most flexible and cost-effective products available in the market today and we specialise in providing the best solutions for our clients.

The purpose of a low doc loan

Low doc loans are flexible tools that help accomplish many of your goals, such as:
  • Completing much-needed home improvements
  • Expanding a business or obtaining capital to fund business needs
  • Debt consolidation and reduction of overall interest expenses
  • Investing in shares or property
  • Tapping into a property’s existing equity

Low doc loans and imperfect credit

Many banks and lenders will tell you that a low doc loan is not an option for those with blemishes in their credit history. But as long as the blemishes are reasonably explained defaults and don’t include any mortgages in arrears, low doc loans are definitely obtainable.

Freedom Loans has access to specialist lenders who assess each situation on its individual merits, rather than basing every decision on a narrow, blanket policy. We specialise in assisting self-employed clients gain access to the funds they need in order to move forward with their businesses and their lives.

Best of all, you can apply online in minutes to find out what Freedom Loans can do for you!


*Comparison rate 6.2%
Please note: This comparison rate is calculated on a secured loan of $150,000 with a term of 25 years with monthly principal and interest repayments.
WARNING: This comparison rate is true only for examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.