Its not only SGB that has changed its policy on teh low doc loans.
If it has not already been posted; Rams have advised that as of the 25 Sept * Changes to Low Doc policy - 12 mths BAS required along with ATO lodgement reference number and 3 mth working account statements. Self employed applicants who are not required to lodge BAS (ie <$75K turnover) can only lodge full doc application.
Regards,
Alex
If it has not already been posted; Rams have advised that as of the 25 Sept * Changes to Low Doc policy - 12 mths BAS required along with ATO lodgement reference number and 3 mth working account statements. Self employed applicants who are not required to lodge BAS (ie <$75K turnover) can only lodge full doc application.
Regards,
Alex
Last edited by a moderator: