Low Doc (Alternative
Doc) Home Loans

Self-employed, sole trader or looking for additional flexibility? Yard offers low rate purchase and refinance home loans, with flexible income verification and dedicated expert support.

If you don’t have the traditional documents needed for a bank loan, it can feel like your property dreams are out of reach.

Many home loan lenders have standard criteria for home loan documentation, for example requiring 2 years tax returns from applicants. As a non-bank lender, Yard can take a more personalised approach to loan approvals, which includes alternative income verification options to assess potential self-employed applicants.

Whether you are a business owner, sole trader, contractor, freelancer or cannot meet the traditional verification requirements for other reasons, we will take your unique situation into account to help you find a solution.

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Why business owners choose Yard

Flexible income verification

Alternative income verification options through accountant declaration, BAS or bank statements.

Dedicated expert support

We are self-employed lending specialists - we'll get to know you and your business to find a solution for your situation.

Broad range of home loan solutions

We can help you purchase, refinance, consolidate debts or release equity/get cash out from your property.

No credit scoring

We perform individual assessment on each application to consider your specific circumstances on a case-by-case basis.

What is our low doc home loan available for

Purchase

Flexible solutions to help with your owner-occupied or investment property purchase.

Refinance

We can help you refinance an existing loan from another lender to obtain a better interest rate, access new loan features or restructure your current mortgage.

Debt consolidation

We can assist with debt consolidation including personal debt, business loans and ATO debts.

Equity release

You can release equity from your property to do renovations, purchase another property or for business purposes.

What our customers say...

Are you ready to make a move?

How to apply for a low doc home loan

1
Start your application

Apply online with our easy online home loan application. A dedicated Loan Consultant will give you a call to discuss your home loan requirements and help find the best solution for you.

2
Provide your supporting documentation

We verify your information by receiving some supporting documentation, e.g. accountant letter, BAS or bank statements. We also perform a valuation on your property.

3
We assess your application

Our credit team reviews your information and makes an assessment on your application.

4
Your loan documents and settlement

Our solicitors send you the loan contract via email. When it is time for settlement, our solicitors will work with your solicitor (for a purchase) or current lender (for a refinance) to settle your home loan!

The important questions answered

What is a Low Doc/Alt Doc Loan?

Low Documentation (Low Doc) or Alternative Documentation Loans (Alt Doc) is a way to acquire home loans for people with income and assets, but without the regular ways to prove this.

Does Yard offer Low Doc Loans?

At Yard, we understand that not everyone who is looking for a home loan will have traditional proof of their ability to afford to repay the loan or may have complex financial structures. As a non-bank lender, our Loan Consultants are able to take your unique circumstances into account when discussing your home loan. So if you're looking for a mortgage but aren't sure whether you can prove that you can repay, get in touch with our friendly team today and we'll talk you through the process and what we need to be able to finance your property.

What alternative income documentation do you accept?

We can use an accountant declaration, Business Activity Statements (BAS) or transaction bank statements showing your business income and expenses. You can read more about alternative income verification documents here.

What is a low doc home loan?

Low Doc or Alternate Doc Loans (Alt Doc) is a way to describe home loans for people with income and assets, but without the regular ways to prove this. At Yard, we understand that not everyone who is looking for a home loan will have traditional proof of their ability to afford to repay the loan and may have different financial structures. As a non-bank lender, our Loan Consultants are able to take your unique circumstances into account when discussing your home loan. So if you're looking for a mortgage but aren't sure whether you can prove that you can repay, get in touch with our friendly team today and we'll talk you through the process and what we need to be able to finance your property.

How many years do I have to be self-employed to get a mortgage?

Typically, we expect that you have 2 years of ABN registration. That being said, Yard has solutions for self-employed customers with 6 months ABN registration. Simply start your application online and one of our Loan Consultants will call you back to discuss your options.

Does Low Doc mean that you do not need to verify my income?

All home loan lenders have an obligation to not let you borrow more than you’re financially able to repay. Low doc loans are an alternative way to prove that you have the income required to service the loan, and we will still need to verify your income through the alternative documentation.

Yard is your partner for property ownership

We consider your time, your circumstances and your wallet