Low doc / no doc loans
Self-employed borrowers often struggle with traditional loan requirements. WeBroke specialises in low doc and no doc solutions.
Who needs low doc loans?
Self-employed borrowers, contractors, and business owners who can't provide traditional income evidence (payslips, tax returns).
What evidence is accepted?
Business Activity Statements (BAS), accountant's declaration, business bank statements, or self-certification of income depending on the lender.
Low doc vs no doc
Low doc requires some income evidence. No doc (rare) requires none. Most lenders offer low doc; no doc is very limited and expensive.
Low doc rates and LVR
Low doc loans typically carry higher rates and lower maximum LVRs (60–80%) than full doc loans due to the additional risk.
ABN and GST requirements
Most lenders require you to have been ABN-registered and GST-registered for at least 12–24 months.
Improving your low doc application
Strong BAS history, clean credit, and a larger deposit all improve your chances and the rates available to you.
Need expert advice on low doc / no doc loans?
WeBroke's specialist brokers will assess your situation and recommend the best loan structure for your needs.
Get expert advice