RHG Low Doc Line of Credit
Convenient access to equity for the self-employed
If you want easy, flexible access to the equity in your home and you’re self-employed, a RHG Line of Credit Home Loan could be the perfect choice for you. You only pay interest on the amount you draw down, and there’s no need to make regular repayments in the first 10 years if you’re below your credit limit. So it’s ideally suited to irregular cash flow.
Plus, like all RHG low doc loans, you don’t need to supply financial statements or tax returns. All you need to support your application is a signed Borrower's Declaration stating your income and ability to make your repayments. It’s that easy!
Product Key Benefits:
- Easy access to equity at a competitive home loan rate
- Interest capitalisation for the first 10 years
(no regular repayments required if below your credit limit) - Ability to switch to another home loan after two years (you may need to supply full financials)
