Todd PolkeInvestment Strategist l Wealth Coach l Speaker, Todd Polke · Investment Strategist l Helping Investors and Business Owners grow their Wealth Faster

Discover how you can boost your portfolio through Low Doc Style lending. #shorts #australia #loan

23 Aug 2023 · 0 min

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0:26

In this short video, the speaker explains that mortgage brokers differ in the range of lenders they can access. While all brokers can work with major lenders and many second‑tier lenders, only some brokers have connections to low‑doc and third‑tier lenders, which are essential for more complex or “tricky” loan portfolios. Therefore, when a borrower’s portfolio requires low‑doc style financing, they should seek out a broker who specializes in low‑doc lending to improve their chances of securing suitable loans and ultimately boost their investment portfolio.

Different brokers are gonna have different access to some different types of lenders. Every broker's gonna have access to the majors, does that make sense? Every broker, no doubt about it. The majors, a lot of the second-tier lenders, but not all brokers is gonna have much to do with low-doc style lending and third-tier type of lenders. Okay. So in that situation, when you're getting into the more tricky end of your portfolio, you need someone who's gonna focus on low-doc style lending.