Homeloans offers a wide range of flexible Alt Doc solutions for self-employed borrowers to cater for a variety of purposes. With our selection of Prime and Specialist Alt Doc products, you can choose the right fit for your clients’ needs with one submission and credit check. From fully featured loans with low variable interest rates to specialist solutions for borrowers who fall outside of typical lending guidelines.
“We encourage brokers to embrace borrowers in need of an alt-doc loan, as this rapidly evolving group represents a significant opportunity. One of the biggest misconceptions around alt-doc loans is that they are in some way a contravention of brokers’ responsible lending obligations.”
Daniel Carde – General Manager Third Party Distribution
For more information on any of our products please see below or contact your BDM.
Prime Alt Doc
Homeloans FlexiChoice Prime Alt Doc
The Homeloans FlexiChoice Prime product can cater for either PAYG or Self Employed applicants looking to for a loan amount for purchase, refinance, debt consolidation or cash out purposes.
Homeloans Accelerate Prime Alt Doc
The Homeloans Accelerate Prime offers a fully featured home loan with a low variable interest rate and flexible repayment options.
Specialist Alt Doc
Homeloans FlexiChoice Alt Doc
The Homeloans FlexiChoice Alt Doc has options for clients with mortgage arrears, defaults and discharged bankrupts with multiple forms of income verification available.
Homeloans Accelerate Alt Doc
The Homeloans Accelerate Alt Doc has been specifically tailored to suit the needs of self-employed borrowers with no genuine savings required, loan terms of up to 40 years and no limit on the number of debts that can be consolidated.
Homeloans MoniPower Alt Doc
The Homeloans MoniPower Alt Doc is available for self-employed individuals/companies operating at least 2 years who do not have sufficient documentation to support standard loan application. MoniPower is also available for construction, vacant land purchase and bridging finance.
Homeloans Envizion Alt Doc
The Homeloans Envizion Alt Doc product has been designed for Self-Employed borrowers or business owners looking for a loan to be considered on its merits rather than a credit score. The product is ideal for borrowers looking to buy or refinance their home or investment property or generally apply for other loan purposes including cash out, debt consolidation or payment of tax debt.
Contact Your BDM