Low Doc Loans with no BAS

Low Doc loans with no BAS

These types of low doc loans are still available.

These types of low doc loans are for businesses with very strong cashflow. Instead of BAS and accountants letter, the last twelve months bank trading statements are required.

These statements must show strong income.

Other criteria for low doc home loans without BAS include:-

ABN registered for two years

GST registered for two years

6 months bank business trading statements

Clean credit (no credit defaults at all)

Refinance up to 80% of property value

Purchase up to 80% LVR

The security property must be residential and in a major metropolitan area.