Which Low Doc Loan is the best?
After analysing the best low docs on offer from our panel of lenders we have finally decided on what we consider to be a low doc loan as perfect as you can hope for. The number one low doc has been assessed on its star rating, value for money, lending criteria, fees and interest rate. For the self employed this loan can be considered to be a benchmark against which all other Low Docs can be compared.
| Our Best Low Doc Loan | |
| Product | Low Doc Professional Package |
| Lender Type | Non-Bank |
| Minimum Loan Size | $500,000 |
| Indicative Interest Rate | 8.70% |
| Comparison Rate | 8.80% |
| Fixed Rates Available | No |
| Max LVR | 80% + LMI |
| Max Loan 60% LVR | $2,500,000 |
| Max Loan 80% LVR | $750,000 |
| ABN Policy | Yes, 1 year old |
| Repayment Frequency | Fortnightly / Monthly / Weekly |
| Application Fees | $0 |
| Settlement Fees | $300 |
| Ongoing Fees | $300 Annual Package Fee |
| Loan Redraw Fee | $0 |
| Free Credit Card | No |
| Free Cheque Account | Yes |
| 100% Offset | No |
Notes
All information provided is indicative only and is subject to change without notice, please refer to your loan offer for the full and final details of your loan.
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