Typical documents include:

• Business bank statements

• BAS statements

• Accountant’s income declaration

• ABN and GST registration details

• Asset and liability statements

• Requirements vary by lender, but the process is simpler than a standard home loan.

Yes, some specialist lenders offer low doc home loans for borrowers with credit issues. You may face higher interest rates or lower LVR (loan-to-value ratio) limits, but approval is still possible depending on your income and security.

Most lenders allow borrowing up to 80% LVR, though some may offer higher or lower limits depending on your income verification and credit history.

Low doc home loan rates are generally higher than standard home loan rates because lenders take on more risk. However, specialist lenders often offer competitive options, especially for borrowers with strong repayment histories.

Yes. Many borrowers refinance their low doc loans to access lower rates or better features once their financials are more complete. You can also refinance with low doc documents if standard financials are still unavailable. We work with a number of lenders offering great refinance options for low doc home loans at competitive rates. Speak to our expert team on offers in the market.

Accepted income verification typically includes:

• BAS statements

• Business bank statements

• Accountant-prepared income declaration

• Profit and loss statements

These documents help lenders assess your business income without full tax returns.

Yes. Borrowers with a newly registered ABN can still qualify, depending on the lender. Some require a minimum of 6–12 months ABN history, while others may consider shorter timeframes with strong supporting documents.

Low doc loans can be approved faster than standard loans because there’s less paperwork to assess. Some lenders offer conditional approval in 72 hours, depending on your documents.

Absolutely. Low doc loans are available for both owner-occupied and investment properties. Lenders may apply different interest rates or LVR limits for investment lending.

Yes. Low doc home loans are offered by reputable banks and specialist lenders regulated under Australian lending laws. They simply use alternative income verification to assess your borrowing capacity.