No Doc and Low Doc Mortgages
DBR offers ‘no financials’ loans - also known as no doc or low doc lending. Another option is a non-conforming loan. These are loans where you don’t have to prove your income to DBR, to get approved.
These low doc home loans work very well with developers, self-employed individuals and small business owners. Banks often insist on at least two years of financial accounts prepared by an Accountant. The Bank can then average the two years, making things hard - as it’s not uncommon for a business to run at a loss in its first year.
Depending on the equity in your property DBR can provide a no-nonsense solution that gives you time to increase your profitability or prepare your financial accounts to go back to mainstream. Read more about low doc home loans in our case study section of the website.