No doc Short Term Mortgages

No Doc Short Term Mortgage at the lowest rate in Australia!  They  don’t require as many financial documents or credit checks  as regular home loans. Guaranteed fast results when you need the most. Zip Funding is the specialist lender providing this loans since 2001. We arrange this mortgages  in Melbourne, Sydney, Brisbane, Perth, Adelaide, Hobart, Darwin and all across Australia. 

Providing all of the financial information the bank needs to assess your loan could be difficult if you are self-employed, a contractor or an investor.

That’s when a no doc (or no documentation) home loan option is the best solution for you.

Finding and choosing this perfect Home is not an easy task, and this can take months and years. Filled with non-stop research and reflection, it can happen to be a very stressfully engaging exercise. Finding and choosing the right mortgage is no different. 

As a motivated home buyer, you are an expert on your needs and insights.  The most important thing is to find the right balance between your mortgage and your loan terms. You know best what the best for you is and what is your ultimate financial goal. 

One of these options is no doc short term mortgage.

What is a No Doc Short Term Mortgage Loan?

Any home loan or property loan that matures in less than five years is considered a short-term mortgage.

Short Term Mortgages are typically attracted a higher interest rate and require interest-only payments. 

Unlike any other type of long term mortgage, which is often going for over 25-30 years, short-term mortgages allow homeowners to build equity quickly and gain full ownership of their Home.

No doc short term mortgages are loans that do not require proof of income or financial statements as in a traditional home loan.

If you work for yourself, you may find it hard to provide all the financial statements required by traditional lenders in assessing your home loan application. 

How much can you borrow with these No Doc Loans?

Normally, private money lenders offer maximum of 75%-80% of the proposed property value.

Loan Terms are usually up to three years interest only facilities. 

Maximum loan sizes will be granted depending on the security, residential, commercial, or specialized properties. 

Unlike Low Doc Property loans, you don’t need to provide proof of your income; BAS statements, letters from an accountant, and bank statements neither are required nor recommended. 

Acceptable Security:

Any residential property, land, commercial real estate is acceptable.

As a rule, properties need to be in good locations and good condition. 

How Can you Get No Doc Short Term Mortgage Loan?

Non Conforming Home Loans

Our expert lender panel can help you obtain this no doc mortgage at the lowest rates and on your terms. We’d love to hear from you. Depending on your needs, we will tailor a solution to meet your needs.

Importance of Credit History

Most lenders will do a check and will access your application on the merits of your past credit score. However, several lenders will not do a credit check either.

What are the interest rates?

A rate is offered solely based on the term and location of the property.

Our rates start from Australias lowest rates 100 % online

How Do Short-Term Mortgage Loans Work?

With any mortgage, the homeowner requires to make monthly repayments. These repayments cover interest and principal on loans and things like mortgage insurance, ongoing loan management fees, and government taxes. 

A short-Term Mortgage has the same function. However, its only interest component is payable, not principal. 

Great news. Rates are significantly low on our Short-Term Mortgages in 2021. Homeowners are given this incredible option to make most of this opportunity. 

There are fewer monthly repayments overall, and these homeowners will pay less in fees associated with lengthy mortgages. 

Advantages And Disadvantages Of Short-Term Mortgages

  • Pay Less Interest
  • Lower Interest Rates save you money over the life span of the loan
  • Own your Home Sooner and achieving your goals faster
  • Allows you to use existing equity in purchasing your next property 
  • Short-Term Requirement: 2-36 Months
  • Urgent Settlement Requirement
  • Debt Consolidation
  • Cash-out 
  • No doc Facilities
  • No Credit Checks
  • Wide Range of Securities Considered
  • Loans to Companies and Trusts

Disadvantages Of Short-Term Mortgages

  • Higher Mortgage Repayments 
  • Not Offered by Many Lenders
  • Loans are non-regulated 
  • Lower Loan To Value Ratios

FAQ: Short-Term Mortgages

For every financial decision you made, it is crucial to obtain independent legal and professional advice before deciding how to move forward.

Should I Refinance My Long-Term Mortgage to Short-Term?

Considering selling your Current Home? Want to reduce your monthly interest and principal repayments?  A short-Term Mortgage is an option to consider!

Refinancing your long-term mortgage can allow you to release this equity you build over the years: your new mortgage must have unique features, better rates, and terms. 

What Is The Minimum And Maximum Term Of A Mortgage?

Our minimum term is two months, and our maximum term is 36 Months. In some cases, we can roll over this term for another agreed term. 

Is It Any Penalty For Early Discharge?

There is no penalty for early discharge, and we don’t penalize people who want to repay their mortgage early. Fixed rates for the term of the mortgage makes you aware of what is your bottom line is. 

What Is An Alternative To Short Term Mortgage?

Other alternative solutions to short-term mortgages are development finance, commercial property loans, short term property loans and asset-based funding.

Working closely with clients, we can custom tailor a short-term mortgage for every business and individual.

Our rates are competitive, and our turnaround times are the fastest in the industry

Whether you are looking for no doc short term mortgages or loans with no credit check or 24-hour cash advances, Zip Funding would be delighted to help you.


In Australia, the interest rates for short-term mortgages may vary depending on several factors such as the lender, loan amount, credit score, and economic conditions. It’s always best to compare rates from multiple lenders to find the best deal for your specific circumstances.

If you’re considering a short-term mortgage, I would advise you to consider the terms and conditions of the loan carefully, including the interest rate, fees, and repayment terms, and to ensure that you fully understand the responsibilities that come with taking out a mortgage. Additionally, I would also suggest consulting with a financial advisor to get a professional opinion on whether a short-term mortgage is the right choice for you.

Need a No Doc Short Term Mortgage?

We strongly believe that finance should not be that complicated.

Pre- Qualify in Minutes

No Postcode Restrictions

Australias Lowest Rates

Lvr Up to $90%

Pre Paid Terms

Loan Amounts up to $30 Mil

Loans on your Terms

No Doc or Credit Checks

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