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Hi,
With such a low LVR (anything <60%), your parents should have no problems. There are a couple of banks who will offer lo-doc 60 loan product. An income declaration is required without varifying much more. Try ANZ in particular. Good Luck
Regards
Yew Kong Lye
Owner Manager-Mortgage Choice
Brite Investment Holdings Pty Ltd
78 Pier Street
ALTONA VIC 3018
Tel: 03 9398 1390
Fax: 03 9398 1672
Mob: 0413 871 888
http://www.mortgagechoice.com.au/yew.kong.lye
Mortgage Choice – voted 2007, 2005 & 2004 Best Mortgage Broker
Australian Banking & Finance Magazine Awards
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