Low Doc

From 8.59% variable rate

Commercial – Our Commercial Low Doc product is exclusively crafted to offer customized financing solutions for self-employed individuals. It provides alternative methods for income verification, such as BAS statements or letters from accountants. This flexibility enables self-employed borrowers to obtain financing without relying on traditional income verification processes. We comprehend the distinctive financial circumstances of the self-employed community and are committed to supporting your lending requirements.

Key Benefits

Assistance for Self-Employed

Commercial Low Doc is customized to offer self-employed individuals the financing they require.

Non-traditional Income Confirmation

This product accommodates alternative income verification methods such as BAS statements or letters from accountants.

Assistance for Entrepreneurs

Whether you're a freelancer or business owner, our loans are crafted to assist you in achieving your financial goals with flexibility and convenience.

Low Doc

Current Rate^: 8.59%

Comparison Rate*: N/A

Security Type: Commercial security

Loan Purpose: Purchase or refinance commercial property including retail shops, offices, light industrial, and warehouses.

Verification Required: Accountant’s letter & Borrower declaration

Personal or Business/Investment Purposes: Both

Minimum Loan Amount: $100,000

Maximum Loan Amount: $25,000,000 (70% LVR), $3,000,000 (75% LVR)

Maximum LVR: 75%

Lenders Mortgage Insurance Required: No

Maximum Loan Term: 30 Years

Repayment Type: Principal & Interest Only

Maximum Interest Only Term: 5 Years

Interest Rate Type: Variable

Redraw Available: Yes^

Application Fee (Excl. Val. & Legal Fees): from 1.25% of the loan amount

Risk Fee: $0

Additional Repayments: Yes

Let's Get Lending From The Expert

We Are Here To Help

Scottie Financial was established because a much better way of delivering Australian specialist lending is available and overdue.
More than ever, brokers and borrowers need a specialist lending partner able to bring them:

✔️ A comprehensive and flexible product range

✔️ Competitive rates with no ongoing fees
✔️ Comprehensive digital operations, delivering faster and simpler approvals across all loans every time

✔️ A highly experienced Credit team equipped to deliver high quality service and results to all business partners.

Contact Us

Target Market Determination

Complaints

Level 17, Angel Place, 123 Pitt Street, Sydney, NSW 2000

* Comparison rate calculated on a loan amount of $150,000 over a term of 25 years based on monthly payments. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. The interest rate quoted is effective 4th December 2023, the actual interest rate applicable will depend on our assessment criteria. Terms, conditions, fees, charges and Scottie Financial lending criteria apply.