A loan that does not require all supporting docs (typically in relation to income verification for self-employed people) to be submitted. These are commonly sought by self-employed applicants and usually come with higher interest rates due to the increased risk to the lender. As such, many low doc loans require lower LVRs.
This information in this article is general only and does not take into account your individual circumstances. It should not be relied upon to make any financial decisions. uno can’t make a recommendation until we complete an assessment of your requirements and objectives and your financial position. Interest rates, and other product information included in this article, are subject to change at any time at the complete discretion of each lender.