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Lo doc and no doc loans are designed specifically for self-employed borrowers who don’t wish or aren’t able to disclose their income.
So instead of providing tax returns or extensive financial statements, borrowers simply sign a form stating their income.
Lo doc and no doc loans are available as fully featured term loans or lines of credit but may be at a higher rate than standard home loans.
An Auspak mortgage consultant can help identify which loan is right for you. Book an appointment |
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