Stage 3 of 6
Low-doc home loans, honestly
Self-Employed Home Loan
Stage 3 / 6 · Low-doc
Low-doc home loans, honestly
Low-doc was never meant to be the default. It’s a bridge for genuine income that can’t yet be evidenced, at a price.
Low-doc is a tool, not a shortcut. It costs 0.5–1.5% above standard rates and most non-bank.
When low-doc is the right call
New ABN with strong turnover but only one year of returns. Recently incorporated, healthy BAS history. Big one-off year that distorts a clean two-year average.
WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees, or other loan amounts might result in a different comparison rate. Comparison rates are based on a secured loan of $30,000 over 5 years for vehicle finance and $50,000 over 5 years for equipment finance, as required under the National Credit Code.