+ Are you a small business owner?
+ Have fluctuating cash-flow?
+ Lack proof of income?
+ Is a low doc home loan for you?
At Savvy we can help you and your family have the security of owning your own home if you are self employed or a small business owner.
When you are self employed, there is a lot to consider and it can be difficult to get approval for a traditional home loan.
When there is a lack of paperwork and fluctuating cash-flow it can be hard to verify your income. A low doc home loan may be the right choice for you. Application is a faster process and requires less paperwork than a regular home loan.
At Savvy we can offer you free expert advice and help you through the process of applying for a low document loan which is specifically designed for the self employed or small business owner.
Many lenders offer loans with varying features such as a line of credit and fixed or variable rates. Savvy's experienced consultants can find the right loan for you.
Generally you are required to self-certify your income with a simple form and show a clear credit history.
You may not be able to borrow as much and the interest rate can be higher than with a regular home loan, however once you can verify your income, you may be able to switch to a regular home loan with a lower rate of interest.
Just contact us and take the first step of owning your own home.