Finance · Australia
Lo-doc and alt-doc home, commercial and business loans for self-employed Australians without full financials.
Quick answer
Low-doc (lo-doc) loans verify income with BAS statements, accountant's letter, or recent business bank statements instead of full tax returns. OzyLoans arranges lo-doc home, commercial and business loans across 70+ Australian lenders, with rates from 6.79% p.a. and up to 80% LVR.
Indicative only. Actual repayments depend on lender, credit profile, fees and product. Use this as a starting point — we'll provide a precise comparison on enquiry.
| Lender | Rate | Speed |
|---|---|---|
| Major bank | 6.99% | 4–8 wks |
| 2nd-tier bank | 7.29% | 3–6 wks |
| Non-bank | 7.79% | 2–3 wks |
| Private credit | 9.29%+ | 5–10 days |
Indicative only. Actual rates depend on credit profile, security and product. Comparison rates may differ.
Australian Credit Licence holder, AFCA member.
Most enquiries get a same-day or next-day answer.
Banks, non-banks and private credit on one panel.
A low-doc loan is for borrowers who can't supply two years of personal tax returns — typically self-employed. Income is verified via BAS statements, accountant's letter, or business bank statements.
Most lenders accept: 12 months of business activity statements (BAS), 6–12 months of business bank statements, or an accountant's letter declaring income.
Yes — typically 0.25–0.75% above prime full-doc rates because the income verification is lighter. Alt-doc rates from major non-bank lenders are now very close to bank rates.
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