An alt documentation loan (alt doc) or a low documentation loan (low doc) are mortgages that can be taken out using different sorts of paperwork to the kind needed for a full documentation (full doc) loan. Self-employed borrowers, who can find it difficult to provide standard documentation as proof of their income, often use these sorts of alternative loans. The low down on alt doc loans Once upon a time, a ‘low doc’ loan was just that: a mortgage that could be taken out using less documents to get it. But, after the global financial crisis (GFC) and the tightening up of lending rules that came after it everything changed. After the GFC in 2008 the introduction of National Consumer Credit Re
Providing Disaster Relief for Australian Bushfires
Australia is in the midst of an unprecedented fire season that has affected millions of acres, destroyed thousands of structures, and claimed dozens of human lives. The so unique Australian wildlife is affected even worse with a preliminary estimate suggesting that almost a billion wild animals are affected.
At Grand Financial solutions we are supporting all those affected by the bushfires through our Making An Impact program. When you choose to do business with us we will make a donation on your behalf. You will plant one tree to restore the unique Australian flora and the rest will be split equally between helping restore affected communities through BlazeAid and treating injured wildlife with the help of the Australia Zoo Wildlife Warriors.
Together we can make a difference.
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