Low-Doc Loans
Low Doc Loans are a great option for borrowers who are self-employed, and are designed for borrowers whose financial statements may not be available for many different reasons e.g. Accountant have not completed the companies bookwork, or who have a limited savings history.
Advantages
Less documentation is required to submit an application- Typically have as many features as a standard loan
- Suitable for the self employed investor who isn’t up to date with their financial statements
Disadvantages
- The borrower must have a reasonable deposit or equity in existing real estate property.
- The interest rates are generally higher than fully documented loans
- Lenders mortgage broking insurance is charged when you borrow above 60% of the value of the property
- Restricted to a smaller choice of lenders
WHY CHOOSE QUEST HOME LOANS?
The fully qualified consultants at Quest Home Loans understand how important your financial future is. They take the time to get to know what your specific objectives are now and into your future endeavors. We not only find the right solution for you but we provide you with as much information as possible so that you make educated decisions every step of the way. With our panel of lender experts you know you’re provided the most up to date options.
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There is so much to consider when buying your own home. Can I afford it? Where do I buy? What will my repayments be? There are over 600 loan products to choose from so let Quest Home Loans simplify this process for you and make it a time to celebrate! 
Property is still considered one of the safest investments. If you’ve been thinking about buying an investment property or expanding your portfolio, Quest Home Loans expert will make sure you get the right advice to maximise your investment potential.