Different Ways to Obtain Property Finance

Are you looking for a property loan, but don’t have sufficient documents? If yes, you should better approach an alternative lender who can offer you several funding options suiting your requirements. Here, we are providing you snippets of few such alternatives.

Full Doc

Full Doc is an ideal funding option for those who can demonstrate serviceability, requiring a minimum of 2 years financial statements and tax returns. In order to get a loan through this method, you are required to have a clear credit history. Approach an alternative lender offering flexible funding options to avail Full Doc property finance.

Lite Doc

Lite Doc is the option for borrowers who fall just outside the Full Doc criteria mentioned above, but are able to demonstrate serviceability by providing information related to rental income, BAS statements, interim financials and projections.

Low Doc

Low Doc is recommended for the borrowers who are unable to demonstrate serviceability, but can provide accountant’s letter stating that they can service the debt and the borrower is expected to self-certify their income.

No Doc

This method of funding is considered ideal for the borrowers who are unable to provide any income verification or obtain an accountant’s letter confirming their ability to service the debt. If your case is similar to this, approach an alternative lender to get to know more about No Doc funding option.

When it comes to alternative lender for property finance, Global Capital Commercial (GCC) is a name to rely upon. The company is one of Australia’s lending providers offering property finance solutions suiting your all requirements.

Owing to its network of more than 250 lenders including bank and non-bank lenders, GCC can help you with a myriad of funding solutions including development finance, commercial loans, specialized facilities, credit enhancement strategies, Mezzanine Debt/Bridging Facilities and Short Term Loans.

You are suggested to approach Global Capital Commercial (GCC) to get to know more about their various property finance solutions.