T: 02 9299 1144
AAA Money Residential Loans
Loans that Work For You
AAA Money have a variety of products that cater to self-employed/small business owner borrowers
Make extra repayments to pay off your loan faster
Redraw your extra repayments, or use an offset account
Interest only, or principal and interest
Your interest rate will not change during the fixed period
Choose from 1-5 years or 10 year fixed rate terms
Outside the Box
Complex investment loans
Wholesale interest rates
Construction and renovation loans
Self employed financing
Self employed and small business owners
Borrowers outside traditional guidelines?
We've got you covered.
Our latest range of products have competitive rates and cater to borrowers who may fall outside of traditional lending guidelines.
We know many Australians have had their finances disrupted in the last 12 months, so our products have been designed to help these borrowers, or those that may have a form of previous credit impairment.
This is a great time to reach out for your customers at a time when it can make a real and significant difference.
Get in touch with out team to talk through a scenario:
What about Low Doc Loans?
As a self-employed person, you may have heard of “low doc loans”, where lenders look at a different set of financial measures to assess your application.
The fact is, low doc loans are becoming less common due to responsible lending requirements, which call for your lender to be sure you can comfortably handle your loan repayments.
That said, the low doc route can be helpful for particularly a start-up business that is unable to present two years' worth of financials.
The downsides of low doc loans include the following:
Not all lenders offer them
They often incur a higher interest rate
You may be asked to provide a larger deposit (compared to a traditional home loan)
Loan Amount: $2,500,000
Interest Only Option: 1-5 years
Alt Doc Income Requirements: Accountant letter; or 6 months BAS; or 3 months Business bank statements