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Low Documentation Loans
- Rather than provide pay slips or tax returns, a borrower can simply state what their income is, a process called self-certification.
- Low-doc loans are mainly for self-employed people with limited records of their income, however PAYG can also be considered
The Criteria To Be Eligible for a Low Doc Loan is:
- ABN registered >2 years
- GST registration
- Self-certification of income - no other verification required
- Required to have 20% deposit or equity
- Other Qualification Criteria

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