Low Doc Farm Loan
Planning to buy a farm , looking for a low doc farm loan? You are at the right place. Whether you are buying a farm with a house or shed on it and need a low doc finance or refinancing the existing loan, A Low Doc Broker can help.
Purchasing of rural farm land 20 hectares in regional Victoria, with no house on it, generating no income , Yes we can help.
Have a 50 acres rural vacant land in WA and have building permit and want to build an owner occupied home? yes we can assist you low doc land and construction loan.
Thinking of Purchasing a PPR 100 Acre land with House in regional Qld with Low doc docs, We have access to a good number of low doc lenders and private lenders that would be happy to lend.
Low Doc Farm Loans – Key Features
- Individual, Company and Trust as Borrowers
- Borrow from $100,000 to $10,000,000
- Purchase or refinance
- Loan term from 1 to 36 months
- Monthly repayment, lump-sum repayments or pre- paid monthly repayment a combination of your choosing
- Unlimited Cash Out
- Major Credit Impairment Considered
- Flexible Income Assessment
How does Farm Loan works
Step 1 – Get in Contact
Contact us to discuss you scenario, one of our team member will contact you.
Step 2 – Quote
Receive an indicative offer outlining the loan cost estimate, interest rate and fees.
Step 3 – Application
Details of the transaction are provided along with any supporting documents. Upon receiving your application an assessment will be completed and a decision will be provided.
Step 4 – Approval
Once you application is accessed by the lender, valuation is completed and a formal letter is issued.
Step 5 – Loans Documents Issued
Loan documents are prepared and issued to you or your legal representative.
Step 6 – Settlement
Once all the steps are satisfied and mortgage documents are executed and returned to lender settlement can occur.
Low Doc Farm loan FAQs
What are most common low doc business loan used for?
Paying BAS or Tax Payments, restocking supplies, Buying equipment or machinery, Balancing seasonal cash flow, Employing new staff, Renovating your offices, covering unexpected costs or Buying a competitor business are the common used of low doc business loan.
What is the benefit of low doc business loan?
The benefit of a low doc business loan is that it provides businesses with quick financing, meaning they do not have to wait for the approval times from the regular banks. Unlike the loans offered by mainstream lenders, a low doc business loan requires limited financial statements or other trail documents that are used to determine financial history.
Is low doc business loan same as unsecured business loan?
No, a low doc business loan is a loan in which a business is provided finance without needing to provide full financial statements and other documents that indicate the financial background of the business. Whilst an unsecured business loan allows small business owners to obtain funding without the need of any backed-up security.