Prime Alt Doc Home Loan

Prime Alt Doc Home Loans

Direct Credit Home Loans Australia offer common sense lending solutions to self-employed Australians. Through simple and tailored products we look to assist this important group of the Australian economy to achieve their ambitions.

Direct Credit’s Prime Alt Doc product caters for self-employed applicants who require alternative methods of income verification. For example where full financials aren’t available, do not accurately reflect the current trading of the business or where a complex business structure would make providing full documentation prohibitive. Applicants are able to verify their income using the last 2 most recent ATO lodged BAS or 6 months Business Bank statements.

Features & Criteria of our Prime Alt Doc Loans

Our Prime Alt Doc product caters for Self Employed applicants looking to purchase, refinance, debt consolidation (excluding ATO debt) or cash out purposes.

  • Choice of income verification options
  • Must have a clear credit history (Minor default under $500 may be considered)
  • Cat 1 locations only (Metro and Major regional Areas – please contact Direct Credit to verify)
  • Residential secuirities only
  • Unlimited cash out (for acceptable purposes) to 80% LVR
  • 100% Offset account availiable
  • Internet Banking availiable
  • Up to $2.0M loan amount at 70% LVR and 1.5M at 80% Lvr
  • Must be self-employed in the same business for a minimum of 24 months confirmed via a valid ABN, with a
    minimum GST registration for 12 months (if applicable)
  • Vacant land & Construction loans not available under this product
  • No credit scoring and real people are here to make decisions!

Steps to your Prime Alt Doc Home Loan


Am I eligible for a loan?

If you have been self-employed for atleast 2 years, with last 2 most recent ATO lodged BAS, have a sound credit history and have at least 20% deposit for a purchase or equity in existing property – you may qualify.


Book a consultation or apply online

Call us on Freecall 1800 000 800 for a no obligation chat or, if you’re ready to apply get started now.

Start your application
Direct Credit Home Loans
1800 000 800 Australian Credit License Number 392727