Can’t refinance because you can’t prove your income the way your bank wants? Outlook Finance arranges no income verification refinance solutions for self-employed Australians, retirees, and property owners who don’t fit the standard mould.
What Is a No Income Verification Refinance?
A no income verification refinance — also called a low doc refinance — lets you refinance an existing home loan without providing payslips or two years of tax returns. Instead, lenders accept alternative evidence of your financial position such as BAS statements, business bank statements, or a self-certification of income supported by an accountant’s declaration.
Who Needs This Type of Refinancing?
- Self-employed borrowers whose tax returns show low income despite strong cash flow
- Retirees relying on assets and investment income rather than a salary
- Property investors with complex income structures
- Business owners who’ve recently changed their income structure
- Borrowers whose current lender requires full doc but income has changed
What Can You Achieve With a Low Doc Refinance?
A no income verification refinance can help you: lower your interest rate by moving to a more competitive lender, consolidate high-interest debt into your mortgage, release equity (cash out up to 80% LVR), restructure loans across investment and owner-occupied properties, or exit a lender whose product no longer suits your needs.
Why Outlook Finance?
Most mortgage brokers default to major banks. When you can’t prove income conventionally, that approach fails immediately. Outlook Finance’s panel includes specialist non-bank lenders specifically designed for borrowers like you. We match your income profile to the right lender from the start — saving time and protecting your credit file from unnecessary applications.
We are Australia’s first call for no income verification refinancing. Bank say no — we say yes.
Frequently Asked Questions
Can I do a cash-out refinance with no income verification? Yes. Cash out up to 80% LVR is available through our specialist lender panel.
Will refinancing affect my credit score? Any credit application creates an enquiry on your credit file. We minimise this by only applying to the right lender first time. We do not shotgun applications across multiple lenders.
How much equity do I need to refinance low doc? Most specialist lenders require at least 20% equity remaining after refinancing (i.e., maximum 80% LVR).