Can You Get Low Doc Home Loans When Your Credit is Poor?
It is possible to obtain a low doc home loan with poor credit. Of course, it does present a few more headaches to the lender. Often, it means a change to interest rates since you are considered to be a high-risk borrower. Being a high-risk borrower doesn’t spell the end of your property dreams. It […]
What are the Benefits of a Low Doc Loan?
The main advantage of a low doc loan has to be the fact that alternative documents can be presented. For instance, if you don’t have the usual pay slips, then business activity statements and a declaration form could be used instead. It’s a novel approach to borrowing and it’s one that will continue to increase […]