Who low doc commercial loans suit
- Business owners whose tax returns are behind or don't reflect current income.
- Self-employed borrowers who've recently grown or restructured.
- Investors buying through a company or trust without a full set of financials yet.
How they're different from full doc
| Full doc | Low doc | |
|---|---|---|
| Income evidence | Tax returns & financials | BAS, bank statements or accountant's declaration |
| Typical LVR | Up to around 70–80% | Often up to around 60–70% |
| Rates | Lower | Usually higher |
| Lenders | Banks & non-banks | Mostly specialist and non-bank lenders |
The smart way to use low doc
Low doc gets the deal done. Once your financials catch up, a refinance to full doc can often bring the rate down. We plan that path from the start.