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Low documentation home loans for self employed applicants

Ask us about a Wizard Fastdoc loanAs a self employed business owner, you can apply for one of Wizard's low documentation (low doc) home loans without having to provide years of financial paperwork.

With our flexible Fastdoc loan features, you can:

  • pay principal and interest, or interest only for 2,3,5 or 10 years
  • access your available redraw online or over the phone
  • convert all or part of your loan to a fixed rate at any time at no extra cost
  • have up to four separate loan accounts linked to your loan, with a line of credit option

Low doc loans are available for:

  • investment property purchases
  • owner occupied property purchases

If you do have your financial records up to date, you also have the option to apply for our standard home loans*.

Wizard offers the following low doc loans for the self employed. Click on the product links for more information.

Loan Rate
p.a. from
Comp
Rate* 
Key Features Total
Fees
Monthly
Fees
Fastdoc Plus Loan 
7.04%Variable rate
7.09%
Self-employed applicants with two or more years trading experience $895 $0.00
Interest rates last updated Wednesday, 17 December 2008
Variable rate = variable rate    


The actual rate is determined when the loan is settled.

*The Comparison (Comp.) Rate is calculated on the basis of a loan of $200,000 over a term of twenty-five years.
View full Comparison Rate schedule.

Warning: This comparison rate applies only to the examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.


Thursday, 11 December 2008

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