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

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products rated
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institutions assessed
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5-star product winners
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What is a low doc loan?

We explain what you need to know about how low doc loans work.

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Low doc loans a lifeline for self-employed – what's the catch?

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?

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7 ways to save:

How to raise a house deposit when you’re self-employed

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Myth: Busted

Things you never knew about low doc loans

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Award Winners

Variable Rate Low Doc Winners: Liberty Financial & Westpac

3-Year Fixed Low Doc Winners: RAMS & Westpac

Line of Credit Low Doc Winners: ANZ & Westpac

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What can you use a low doc loan for?

Did you know? Low doc loans can be used for many purposes, not just for buying a house.

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About Star Ratings

Canstar’s Star Ratings are unique. We evaluate literally thousands of products from hundreds of financial institutions. Our expert researchers analyse every product by comparing price and features to determine what represents value.