Propel Lo Doc
Mortgage Ezy Propel Lo Doc residential loan for self-employed and alternative-income borrowers. Loans from $100,000 to $2.5m. Maximum LVR 85% ($1.5m cap above 80%). 100% offset available. Loan term up to 40 years. No risk fee for loans up to $2.5m at ≤80% LVR; 1.00% risk fee above 80% to 85% LVR.
- From (owner occupied)
- 6.89%
- 6.95% comparison
Interest Rates
Owner occupied — Principal & interest
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Lo Doc – LVR ≤65% – OO P&I. | 6.89% | 6.95% | Lo Doc – LVR ≤65% |
| Variable Lo Doc – LVR ≤70% – OO P&I. | 6.99% | 7.05% | Lo Doc – LVR ≤70% |
| Variable Lo Doc – LVR ≤75% – OO P&I. | 7.09% | 7.15% | Lo Doc – LVR ≤75% |
| Variable Lo Doc – LVR ≤80% – OO P&I. | 7.19% | 7.25% | Lo Doc – LVR ≤80% |
| Variable Lo Doc – LVR ≤85% – OO P&I. | 7.89% | 8% | Lo Doc – LVR ≤85% |
Owner occupied — Interest only
Fees
| Fee | Type | Amount |
|---|---|---|
| Application Fee Application fee $599. Excludes GST. | Upfront | $599.00 |
| Valuation Fee Valuation fees at cost, minimum $250. Additional costs may apply for regional, acreage or >$1m EMV properties. Minimum $50 cancellation fee per security if valuation does not proceed. Excludes GST. | Event | From $250.00 |
| Funder's Legal Fee Legal fee from $400 plus disbursements. Fees do not cover government charges and funder's contract processing fee. Excludes GST. | Event | From $400.00 |
| Settlement Fee No settlement fee. Excludes GST. | Event | $0.00 |
| Monthly Offset Fee Charged monthly · Monthly offset account fee $10 per month. Excludes GST. | Ongoing | $10.00 |
| Discharge Fee Discharge fee $550 plus agent costs. Excludes GST. | Exit | From $550.00 |
| Risk Fee – LVR >80% to 85% |
Features
- Offset account
- 100% offset account available. Monthly offset fee of $10.
- Interest Only repayments available for up to 5 years.
- 40 year loan term available for first home buyers aged 40 and under. Not available for loans over $2m.
Eligibility
- Assessed on individual merits. No credit score, CCR or DTI requirements. See Mortgage Ezy Propel Lo Doc guide at mezy.com.au for full criteria.
- Category 1: maximum loan $2.5m at ≤75% LVR; $2m at ≤80%; $1.5m at ≤85%. Category 2: maximum loan $1.5m at ≤80% LVR. Category 3: maximum loan $500k at ≤70% LVR.
- Loan term up to 40 years. 30–40 year term only for first home buyers aged ≤40. Not available for loans over $2m. Maximum IO term 5 years.
- Lo Doc: income verified via Accountant Declaration, last 2 BAS statements, or 6 months business bank statements. Borrower must be minimum 25% shareholder. PAYG income: 100% of overtime, commission, bonuses, second job income, and non-earned income accepted. 100% foreign income (net AUD equivalent). 100% trust distributions. See Mortgage Ezy Propel Lo Doc guide at mezy.com.au for full requirements.
- Serviceability assessment applies. See Mortgage Ezy Propel Lo Doc guide at mezy.com.au for full criteria.
Constraints
- Minimum limit — $100,000.00Minimum loan $100,000.
- Maximum limit — $2,500,000.00Maximum loan $2.5m at ≤80% LVR; maximum loan $1.5m at >80% to 85% LVR.
- Maximum LVR — 85%Maximum LVR 85%, subject to loan amount, documentation type, postcode category, security type and credit assessment criteria.
More Information
Published by Mortgage Ezy under the Consumer Data Right · Last updated 13 July 2026 · Product ID 0cb38229-7210-413a-8ecd-a0aef13c4344