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