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No-Doc Easy Loans PDF Print E-mail

Its Easy with a No Doc Mortgage Loan

No Document Mortgage Loans.jpgNo-Doc Easy Loans are very different to the traditional lending practice, they do not require numerous questions, nor does it take weeks to settle like traditional loans, it can be approved within 24 hours and in some cases settled within 48 hours.

No-Doc Easy Loans are very popular with high net worth customers who require large loan sizes compared to traditional limits set by some lenders, additionally it also helps those to pay out creditors or even keep the bailiff off the door.

Additionally, for the self employed, one of the biggest barriers in obtaining a home loan is gathering all the documentation necessary to qualify for a home loan. For example, applicants have to provide several years of tax returns, pay slips and financial reports. Which, obviously can be time consuming and very costly.

Benefits

Simplicity - unlike traditional requirements, applicants simply complete an income declaration form stating their income and assets.

Time efficiency - no-doc home loans can be approved within 24 hours and in some cases settled in 48 hours.

Variety of Applicants - high income earners, self employed, over 60's, construction (owner builders, all ages welcome, poor credit applicants welcome, non residents, applicants with repossessions can be stopped, brokers welcome, plus many more.

Other benefits include -

  • Terms from 1 week to 30 years
  • Up to 75% LVR
  • No assets and liabilities
  • No age restrictions
  • No evidence of income
  • Roll over expensive solicitor loans
  • No height restrictions on units (min 40sq)
  • High value loans - up to $10 million
  • Bad credit is fine
  • Few questions asked
  • No fees up front
  • Principle & interest or interest only facilities available
  • Residential/ commercial security acceptable
  • Vacant land
  • High value loans
  • Cash out available
  • Owner occupied or investment

Documents required

  • Signed application
  • Drivers license

If you would more information please contact Australian Finance Centre.

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