That’s right, RAMS recently pulled out of low doc loans. There are, however, a limited number of lenders that still offer low document home loans. Their lending policies have become significantly tighter for low docs.
You can borrow up to:
- 90% of the property value with one of our lenders (higher interest rates apply).
- 80% of the property value with competitive interest rates (risk fee might apply).
- 60% of the property value with standard home loan rates.
Cheers,