Loans designed for self-employed individuals or business owners who do not have the standard or traditional income documentation ready.
Top Questions:
1. What documents are required compared to standard applications for self-employed borrowers?
2. Are interest rates higher for low-doc loans compared to standard loans?
3. Can I get a low-doc loan if I have a poor credit history?
4. What are the additional fees that the lender will charge?
5. What is the maximum loan amount for low-doc borrowers?