The low down on low doc
The term ‘low doc’ or ‘low documentation loan’ has historically been associated with loan solutions that don’t require traditional forms of income documentation.
We call our flexible loan solutions ‘alt doc’ as opposed to ‘low doc’, to reinforce that we accept alternative or different forms of documentation that comply to lending standards.
For instance, we accept self-certified income declarations from applications, which are supported by either:
- An accountant’s declaration; or
- The applicant’s two most recent business activity statements (BAS); or
- The applicant’s last six months’ worth of business trading statements.
Purchases
RedZed provides alt doc options for both residential and commercial purchases.
Refinance
Refinance your home loan or private debts and simplify your repayments.
Cash out
Release equity for business purposes, to purchase property or to make home improvements using our alt doc loan solutions.
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