Yard lends to the most common Trust structures, including Discretionary Trusts (Family Trusts) and Unit Trusts. We review each application based on the Trust Deed, Trustee setup and the financial position of the individuals behind the Trust. If your structure is more complex, our Trust lending specialists can help you find an option that fits.

Yes. Yard requires personal guarantees. The required guarantors vary based on the Trust structure and strength of the application:

• Individual Trustee: The individual is recorded as the borrower in their capacity as Trustee, and must provide a personal guarantee.
• Company Trustee: The company is listed as the borrower, and its directors are required to act as personal guarantors.
• Additional guarantees: In some cases, guarantees from adult beneficiaries may also be required, depending on the Trust structure and financial position.

A Yard Loan Consultant can walk you through what guarantees are needed for your Trust and help ensure everything is structured correctly.

The main difference between the two is the level of income documentation required.

Full Doc Trust Loans are suited to salaried employees and self-employed borrowers who can provide complete tax records. This typically includes personal and Trust tax returns, Trust financial statements and ATO Notices of Assessment. Low Doc Trust Loans are ideal for self-employed borrowers, new businesses or applicants without up-to-date tax returns. Instead of full financials, Yard can accept alternative documents such as an accountant’s letter, BAS statements or business bank statements.

For both Full Doc and Low Doc Trust loans, Yard can lend up to 90% LVR (10% deposit is needed). Loans above 80% LVR will require Lenders Mortgage Insurance (LMI) or a lender risk fee. Yard offers Full Doc and Low Doc for Trust home loans with features such as offset accounts, split loan options, P&I or IO repayments and the ability to make extra repayments. Our Loan Consultants support your application for a smooth and efficient process.

Yes. Yard can refinance a property already held in a Trust, as long as the Trust Deed allows borrowing and the applicants meet our credit criteria. We will review your structure and documents to ensure a smooth refinancing process.

Getting approved for a Trust Home Loan starts with making sure your Trust structure and documentation meet lending requirements. Yard assesses applications based on the Trust Deed, the financial position of the Trustee and guarantors, and the property being purchased or refinanced. To improve your chances of approval, ensure you have:

• A valid Trust Deed that clearly outlines borrowing powers
• Identification for all parties, including Trustees, directors and any required beneficiaries
• Income documentation (full doc or low doc) for the individuals supporting the loan
• Trust financials or accountant letters for established Trusts
• Recent bank statements and any property documents

Yard’s Loan Consultants are experienced in Trust lending and will guide you through each step of the process to help ensure your application is prepared efficiently.

Yard offers flexible repayment options to suit your Trust’s cash flow and investment strategy. You can choose between Principal & Interest repayments, which reduce your loan balance over time, or Interest Only repayments, which can improve cash flow for investment-focused borrowers. Both repayment options are available across our split loan structures.