Saturday 5 May 2012

Self employed and recently been declined for a loan by your bank?

Self employed and recently been declined for a loan by your bank?

Many small business owners or self employed people are starting to become a little disillusioned with the fact that the banks are no longer interested in assisting them with their financing needs. The banks are seemingly deeming these valuable applicants as ‘too risky’.
Unlike many other banks or lenders Freedom loans is still offering low doc loan refinancing or purchase up to 80% LVR at bank interest rates as low as 5.99%!
Are you a self employed borrower with income and assets but having difficulty refinancing your existing mortgage?
WHY WERE YOU DECLINED?
  • Not having up to date BAS statements or financials….
  • Needing to borrow more than 60% of your property value?  
  • Requiring cashout for various worthwhile reasons? Bank didn't like your reasons?
  • Are you a sole trader that is not GST registered and finding it difficult to prove your income?
We at freedom loans are able to offer genuine Lodoc products for refinancing existing mortgages up to an LVR of 80% at market leading interest rates. We are also able to provide Lodoc construction solutions if you are self employed and want to build your own home.
With the few Lodoc options that are available on the market very few are actually what most self employed borrowers really want to achieve from their refinancing or purchasing needs. We at Freedom loans believe we have access to the most flexible and most cost effective products available in the market today and specialise in providing the best solution to our clients needs.
What is it that you want to do?
  • Much needed home improvements
  • Expand your business or obtain funds for your business needs
  • Consolidate your debts and drastically reduce your outgoings
  • Invest in shares or property using the equity in your property
Sound like any of the things that you are being told is ‘too hard’ or not possible?
We are helping clients achieve these goals every day!
Low doc loans are also available for people with an imperfect credit history (defaults only...no mortgage arrears allowed)...provided there is a reasonable explanation for the situation that has occurred.
Freedom Loans deals with specialist lenders who will assess each situation on its merits, rather than basing every decision on narrow "bank policy"
We specialise in assisting self-employed clients gain access to the funds they require to move forward with their businesses and their lives.
Apply online in minutes to find out more about what Freedom Loans can do for you.

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