How quickly can a low doc loan be processed?

Low doc loans are lifesavers for people who aren't able to easily prove their income to a traditional lender. They make it possible for the self employed to get on the property ladder the same as a regular employee or established business owner. For Red Rock Mortgages franchise owners, it's a chance to help entrepreneurial...

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How to finance a house as a new contractor

When you're just starting out as an independent contractor, it can be difficult to secure financing for a home because you don't have the documents that might normally be required for a loan. But with a low doc loan from Red Rock, you may be able to get the financing for the home of your dreams. What is...

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How to avoid mortgage stress when you're self-employed

As a self-employed person, you enjoy a great deal of freedom - the freedom to plan your own holidays and be your own boss are both major bonuses. This doesn't come without responsibility, however, including the need to be more careful about budgeting and planning - particularly when you take out a mortgage.  Fortunately, with the right...

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Low doc, not no doc: How the right BAS can help your application

Low doc loans are an excellent option for those who can't provide the necessary financial statements or tax returns that come up with being a business' employee. However, you still need to be as prepared as possible with a thorough Business Activity Statement (BAS). This is vital to securing the loan you need. What is a...

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Could a low doc loan be perfect for growing your start-up business?

Getting a young business off the ground often requires the kind of money that you just might not have. Sure, your business might be making a healthy income, but at the rate it's generating cash, growth is going to take too long. A low doc loan can be a solution for business owners looking to leverage the growth potential of their...

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How a low doc loan can make your business more flexible

Being able to cover unexpected costs, or having the capital to jump on an opportunity as it arises are just two examples of how flexibility is good for business. However, flexibility isn't free. To be agile, your business needs cash flow.  If you're short on capital, a low doc loan could be the answer to your problems....

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Can I refinance with a low doc loan?

Are you looking to refinance your home, or personal loan in the near future? If you're self employed like 1 million-plus other Australians this can be a stressful time, as you may not have the detailed financial records that most conventional lenders require. If so what you need to do is refinance with a low doc...

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Becoming self-employed in 2018? Here's how a low doc loan can help

Small businesses account for almost 50 per cent of total employment in Australia, Australian Parliament data shows. They're the engine room of our nation's economy, and without these innovators and self-starters Australia wouldn't be what it is today.  Unfortunately, if you're planning to become self employed, or own a small business in 2018 it can be...

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Tired of renting? A low doc home loan could be perfect for you

The debate over renting v.s. buying is an age-old one. There are pros and cons to each side, but buying often comes out on top. This presents a hurdle, though, to those who have income but can't easily prove it - recently self-employed people, for example. What are the benefits to buying over renting, and how can a low doc loan help...

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Low doc loans can be the solution for self-employed workers

Numerous factors can make it difficult for self-employed people to get a home loan. But with a bad credit home loan from Red Rock Mortgages, Australia's self-employed can jump aboard the homeownership train too. Why do self-employed people struggle to secure finance? A lender wants to see evidence of your capacity to meet repayment obligations. As such, a newly self-employed person may be unable to...

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