Low Doc Portfolio Loan

Less paperwork and a simplified application process for those unable to provide documented proof of income

Having trouble getting a home loan due to fluctuating income? You don’t have to sacrifice your financial future. The Low Doc Portfolio Loan offers a flexible line of credit enabling you to combine your personal and investment finances into one convenient home loan. All with a simple application process if you have difficulty providing documentation about your income. Create up to ten sub-accounts under a single loan facility and access your equity as you pay off your home.

No tax returns, financial statements or other forms of income verification required
Particularly suitable if you are self-employed or have uneven cash flows
Use up to 10 separate sub-accounts for your investment or lifestyle needs
The ownership structure for each sub-account may be different, to help with managing tax and other finances¹
Separate monthly statements for each sub-account to make managing your investments easier

Apply now

Make an appointment

The loan

Interest type

Choose a fixed or variable interest rate for each sub-account²

Term

No set repayment term. This is an ongoing line of credit facility

Can be used for building

Yes (on variable rate portion only)

Available for vacant land

Repayments

Frequency

Choose to repay as often as you like, but at least monthly

Additional payments

Make additional payments without penalty up to $10,000 for fixed rate loans per year³

Automatic repayments

Set up convenient automatic repayments from your nominated account

Features and benefits

Repayment Pause

Reduce or pause your home loan repayments for a period of between 3 to 12 months during a period of legitimate leave from the workforce⁴

Advantage Package

Not available

Deposit Protect Bond

Keep earning income on your deposit monies right up until settlement by using a Deposit Protect Bond instead of a cash deposit

Learn more about the Low Doc Portfolio Loan

Call a home loan expert on 13 13 76 8am - 8pm (CST), seven days a week.

Apply now

Make an appointment

1. A sub-account holder must always be one or more of the Portfolio Loan borrowers.
2. Your primary sub-account is always at the variable rate.
3. Limits apply on fixed rate sub-accounts before break costs become payable.
4. Subject to the bank’s approval and fee is payable fro each approved request.