Building Equity Sooner With Alt Doc and Low Doc Home Loans
Getting into the property market sooner can give you more time to build equity – something that can be particularly relevant if you're self-employed and traditional income verification requirements are delaying your plans.
Cotality’s latest Pain and Gain Report found:
95.4% of Australian properties resold for a nominal profit in the June quarter
Houses sold for a profit had been held for a median 9.3 years
Houses sold at a loss had been held for a median 4.4 years
If you’re self-employed and financially ready to buy but don’t have the documentation required by a traditional lender, ALT Doc or Low Doc lending may provide another option for financing a residential property purchase.
#selfemployed #lowdocloans #homeloans
Holding up your property plans due to traditional income verification?
If traditional income verification requirements are holding up your property plans, Direct Credit Home Loans offers ALT Doc and Low Doc lending options. Contact us on (07) 3726 1124 or email [email protected] to discuss your circumstances.
