Conventional loans are usually accompanied by a lot of paper work, income statements, taxation returns and rigorous checking procedures. Nevertheless, this traditional model is no longer relevant to many borrowers. It is in this regard that Low Doc Loans Australia have a viable and accommodative solution. These loans are meant to cater to the needs of individuals, and businesses which might lack full financial documentation yet have an income ability to service a loan. Low documentation loans can be the gateway to new financial possibilities whether you are self-employed or a small business owner or have uneven income.