Low Doc Loans
Low Doc Loans 2016 Star Ratings
CANSTAR’s Low Documentation (Low Doc) Home Loan Star Rating uses a sophisticated and unique rating methodology that compares both Cost and Features across low doc products. CANSTAR star ratings represent a shortlist of financial products, enabling consumers to narrow their search to products that have been assessed and ranked. CANSTAR Low Doc Home Loan Star Ratings are a transparent analysis comparing all types of home loan products.
2016 Award Winners
3 Year Fixed
- Westpac – Premier Advantage Fixed Options
- Westpac – Fixed Options
- RAMS – Self-employed Low Doc Fixed Rate
Line of Credit
- Westpac – Premier Advantage Equity Access
- ANZ – Breakfree Low Doc Equity Manager
Variable Rate
- Westpac - Premier Advantage Rocket Repay
- Liberty Financial - Nova 60%
Numbers crunched by Canstar Researchers
Award Winners
Low doc loans have long been the lifeline of self-employed entrepreneurs and sole traders. But does taking the low doc road mean you pay more?
Variable Rate Low Doc Winners: Liberty Financial & Westpac
3-Year Fixed Low Doc Winners: RAMS & Westpac
Line of Credit Low Doc Winners: ANZ & Westpac
Did you know? Low doc loans can be used for many purposes, not just for buying a house.