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RAMS SE Pro Pack 1 home loan has been named the cheapest non-bank low doc loan by Money magazine.
The product took top honours based on a $300,000 loan over 25 years with 60 per cent LVR.
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It is the second time the lender has claimed the title.
RAMS head of product Joanne Reid said the lender was more committed than ever to providing quality and competitive products.
“Self-employed borrowers, alongside first home buyers, investors and people simply looking to get a better deal continue to be our core focus. Receiving this award is a strong indicator that we are on the right track to meeting our customers’ needs,” Ms Reid said.
The SE Pro Pack 1 home loan offers customers a variable interest rate of 5.59 per cent p.a, with a comparison rate of 5.94 per cent p.a.
