Low Doc Home Loans
A Low Doc home loan is short for a low documentation home loan and is suitable
for the self employed or people who are unable to provide full financial
statements and other evidence of their income.
Advantages
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Less paperwork required during the home loan application process
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Application process for a low doc home loan is quicker for the self employed
than a full doc home loan
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Interest rate discounts may apply after a period of successful home loan
repayments without default
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Suitable for the self employed or people with limited financial statements
Disadvantages
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The interest rate and home loan repayments are higher than a full doc home loan
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Lender's Mortgage Insurance is normally required on low doc home loans
Low Doc Home Loans
Mortgage House offers an extensive range of Low Doc Home Loans. Click on one of
our Low Doc Home Loans below for further information.
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