Low Doc Home Loans for Self-Employed Australians
Get assessed using alternative income evidence (not endless paperwork) so you can keep running your business and still buy or refinance property.
Mortgage House ABN 98 081 508 054 | Australian Credit Licence 393283
Assessment outcomes depend on your circumstances and verifiable information. We do not guarantee approval.
What is a low doc home loan?
If you are searching for a low doc home loan because a standard payslip-and-tax-return process doesn’t fit how you earn, you are not alone. A low documentation mortgage exists for real-world self-employed Australians whose income is solid but not neatly packaged.
A low doc home loan is a mortgage option designed for borrowers who cannot provide standard income documents such as payslips or full tax returns and may instead use alternative evidence like a borrower declaration of income, accountant certification, bank statements and BAS statements to support serviceability.
Top 10 benefits
Prepare your documentation
If you are self-employed for no less than 6 months (preferably 12–24 months) and have regular income, you can often be assessed using alternative documentation. Select the simplest valid pathway for your circumstances.
Path A: Declaration + Accountant’s Letter
- MH 011: Self Assessment Form (Borrower(s) Declaration of Income)
- MH 180: Accountant’s Letter
Path B: Declaration + Accountant’s Certification (most accountant-friendly)
- MH 011: Self Assessment Form (Borrower(s) Declaration of Income) used for borrowing capacity and/or servicing calculations
- MH 179: Accountant’s Certification Form confirming the applicant can afford repayments
Path C: Declaration + Evidence (bank statements + BAS)
- MH 011: Self Assessment Form (Borrower(s) Declaration of Income)
- Bank statements (primary account used for income/business deposits
- BAS statements (where applicable)
Packaging rules to prevent rework
Entity Consistency
Accurate Accounts
Resolve Inconsistencies
Any inconsistencies must be resolved before submission.
Submit your application
Submit online or via a lending specialist. The specialist should confirm the best documentation pathway prior to submission to reduce delays and avoid incomplete applications.
Types of Low Doc loans
Variable Low Doc home loans
Fixed Low Doc home loans
Split Low Doc home loans
Low Doc construction loans
Low Doc investment loans
Low Doc loans with impaired credit
All Low Doc home loans have the option of 100% interest rate offset linked accounts, subject to product terms.
FAQ's
Will a Low Doc loan help me get a mortgage if I am self-employed?
Low Doc home loans can benefit people who don’t have access to the level of information banks and lenders often require for regular home loans. If you are a business owner, contractor or freelancer, you may not be able to provide the proof of income or employment history often requested. Your income may be irregular, but it may still be high enough and stable enough to make the required repayments.
What are the documents you need for a Low Doc loan?
Most people who apply for a Low Doc mortgage do so because they don’t have access to the documentation usually required for a regular mortgage application. But other types of documentation can be used for your application to prove your situation, including:
- Business Activity Statements (BAS). If you own a small business, or are a freelancer or a contractor, banks and lenders may ask for up to 12 months of BAS information, or even two years of tax returns.
- Bank statements. Statements from your own bank can provide evidence of income over a long period of time. Make sure it is your primary bank account.
- Personal declaration. Some banks and lenders may also ask for a personal certification when you apply for a low doc home loan, stating how much you earn and providing a declaration you believe you can repay the loan.
- Business details. It can be important to make sure a bank or lender has access to your business details, such as your ABN and business name, or names.
- Accountant’s letter. A document from your accountant may also be required, confirming the information laid out in your own personal declaration.
- Guarantor. You may need to think about seeking a guarantor, or someone who will give your bank or lender a guarantee the home loan will be repaid.
Can I apply with impaired credit?
In some cases, options may be available. Applications are assessed case-by-case with a focus on current stability and supporting evidence. Approval is not guaranteed.
Is the interest higher with a Low Doc loan?
Interest rates can vary from loan to loan and, of course, from loan amount to loan amount. Low Doc loans can sometimes attract higher interest rates than regular mortgages.
Can I still choose a Fixed or Variable rate on a Low Doc loan?
Yes, we offer a range of low doc mortgages that can help you reach your property goals, including Variable rate, Fixed rate and many other options to give you full flexibility.
Can low doc loans include an offset account?
Yes. All Low Doc home loans have the option of 100% interest rate offset linked accounts, subject to product terms.
