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LOW DOCUMENT LOANS
"Non-Conforming" loans also known as Low-Doc loans
are a relatively new facility offered by mortgage originators
(companies that buy money under trust deeds and on-sell to
borrowers) wishing to address the self-employed market –
those people well able to afford to service a loan but unable
to prove it - usually as a result of minimising tax. As a
rule these lenders deal only in first mortgages and residential
properties (for second mortgages and commercial properties
see solicitors’ loans below). Line of Credit and Construction
loans are also available under this category.
Click here if a Low Doc
loan applies to you.
SOLICITOR'S LOANS
"Private
Mortgages" - often referred to as solicitors’ loans
- have been common in Australia for over a century and via
Fuss Free Finance you now have access to a network of
solicitors and many individual investors Australia wide –
if you have a commercial, rural or specialised property (e.g.
squash court, vacant land, farm, car wash etc.) that the institutions
(banks, building societies etc.) won’t touch and/or
no tax returns to support a loan then a Private Mortgage may
suit you. Second mortgages and Construction loans are also
available under this category.
Click here if a Solicitor's
Loan applies to you.
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