which of the following statements accurately defines a “low doc…

which of the following statements accurately defines a “low doc loan”
* a product where one can borrow money with low interest
* A product where lenders accept alternate forms forms of income verification (i.e statement rom accountant, BAS and or bank accountants statements etc)
* a loan where burrower can burrow up to 90% LVR as long as they supply an ABN and a letter stating they can afford the loan

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