For many self-employed Australians, Low Doc home loans have played an important role.

When traditional financials are difficult to understand, incomplete, or simply are not available, Low Doc lending can provide a pathway into property ownership or refinancing that may otherwise not be available.

For business owners, tradies, contractors and self-employed borrowers, Low Doc loans have helped many people move forward when standard lending policies did not fit their situation.

And for that reason, they remain an important part of the lending market.

But There Is One Big Problem…

Low Doc loans often come with significantly higher interest rates.

Many borrowers are paying a substantial premium compared to more competitive standard home loan rates — sometimes for years longer than necessary.

What may have started as a temporary lending solution can quietly become an expensive long-term loan.

And because many self-employed borrowers assume refinancing will require:

• - full tax returns

• - full financial statements

• - complex paperwork

• - lengthy assessments

they simply stay where they are.

Even when better options may potentially exist.

The Cost of Staying on a Low Doc Loan

A higher interest rate does not just affect the rate itself.

Over time, it may also mean:

• higher minimum repayments

• reduced monthly cash flow

• paying more interest overall

• less flexibility financially

For many borrowers, this becomes “normal” — simply part of being self-employed.

But that is not always the case.

There May Be Another Option

RateSqueezer helps eligible self-employed borrowers explore whether they may qualify to transition from a higher-rate Low Doc loan to a more competitive standard home loan option.

Importantly, this may be possible without requiring traditional full financial statements.

Rather than focusing solely on financials, we look at a range of other factors including:

• - Can we give you a lower interest rate?

• - Can we lower your monthly repayments?

• - Is your credit history good?

• - Have you been making regular and on time repayments

• - ABN and GST history

This allows eligible borrowers to explore whether a more competitive refinance pathway may potentially be available.

Eligible Borrowers May Benefit From:

✓ A more competitive interest rate
✓ Reduced minimum repayments
✓ A streamlined refinance process

No Credit Check at This Stage

Completing the questionnaire does not trigger a credit enquiry.

The purpose of the process is simply to help determine whether there may be indicators that a refinance pathway could potentially exist.

Find Out If You May Qualify

The questionnaire takes around 3 minutes to complete.

✓ Free
✓ Personalised
✓ No credit check conducted

Start by answering a few simple questions to explore whether you may qualify for “The Low Doc Exit Strategy.”