Flexible Alt Doc Vacant Land Loan Helps Self-Employed Secure Land for Future Home
Occupation
Self-Employed – Telecommunications Installer
Location
QLD (CAT 1)
Loan Amount
$450,000
Scenario
Mr. E had been successfully running his telecommunications installation business for five years. He and his wife had found the ideal block of land for their future home but had only two weeks to settle, as the property had just been registered with the council. However, Mr. E had yet to lodge his most recent tax returns, making a traditional loan challenging. To secure the land without delay, he needed an alternative documentation loan solution.
How did Brighten help?
Brighten provided a tailored solution through our Vacant Land loan, which includes an alt doc option for self-employed borrowers. We verified Mr. E’s income with his self-declaration supported by an accountant’s declaration, allowing him to move forward with confidence and secure the land within the required timeframe.
Brighten’s flexible lending solutions ensured Mr. and Mrs. E didn’t miss out on their dream block, reinforcing our commitment to supporting self-employed borrowers with real, practical solutions.
Fees, charges, lending criteria applies.