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^^ agree, you may think your loan is "loc doc". because maybe on "PAPER" your not making a lot...but if you present your file too any experienced broker they would be able to tell you what they can add back and what income the banks is willing to take in rather then what's on paper. If you...

P.s risk fee also goes up quite bit for acct letter only as well...

Risk fee is generally higher....the cost of doing business outside the box unfortunately- how much higher, will depend on lender, LVR, loan amount etc...but it be around 0.50-1% higher. Acct letter only at 80%??? roughly 1.10-1.50% higher for the variable ...fixed don;t know need to ring and...

NCCP also made a lot of brokers exit the low doc market...great for us low-doc writers :)

Treehouse, your loan will not be an issue. Have a product for; - 80% LVR - No LMI, But risk fee is payable - 12 month Trading statements only to confirm income OR accountants letter ( accountants letter only will attract a higher rate) -No GST rego is required if income declared is less...

"Joint application PAYG together with self employed (less than 2 years)" - Im guessing cos ABN is less then 2 years hence why need to go lo doc OR serviceability/income is to low due to irregular income etc... Regards Michael