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john2

  • john2 replied to the topic Low/No doc loan for self employed in the forum Finance 17 years, 10 months ago

    Thanks Richard for that.

    Unfortunately I am unable to get a Line of credit with the 95% low doc. Looks like I might have to go for the interest only loan.

    John

  • john2 replied to the topic Low/No doc loan for self employed in the forum Finance 17 years, 10 months ago

    Yes Richard,

    A lo/no doc loan is most suited to me. I do not mind paying a slightly higher rate as it is just the cost of doing business. But having access to cash is very important to me.

    Any suggestions if there is a better option than a redraw in this case.

    John

john2

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