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Mezy Assets Pty Ltd t/as Mortgage Ezy logoMezy Assets Pty Ltd t/as Mortgage Ezy

Propel Ezy Vacant Land – Lo Doc

Mortgage Ezy Propel vacant-land mortgage under the Lo Doc pathway, for owner-occupied or investment purposes.

Also sold at the same rates and fees as Mortgage Ezy.

Home loansLender updated 2 Sept 2026
Product page ↗Fees and pricing ↗Terms ↗

At a glance

Variable (owner occ. P&I)
7.99%8.11% comparison
Variable (investor P&I)
7.99%
Max LVR
75%
Annual fee
$395
Features
offset

Rates

Every rate Mezy Assets Pty Ltd t/as Mortgage Ezy publishes for this home loan, 16 in all.

Variable rate by LVR

Owner occupier, principal and interest, the lowest rate published for each band of the loan's share of the property's value

  1. ≤65%7.99%
  2. 65–70%8.09%
  3. 70–75%8.19%
Variable rate for the band
TypeApplies toTermBandRateComparisonConditions
VariableInvestment, Interest only-≤65% LVR, $100,000–$1,500,0008.19%-Available under the Lo Doc pathway.
VariableInvestment, Interest only-65–70% LVR, $100,000–$1,200,0008.29%-Available under the Lo Doc pathway.
VariableInvestment, Interest only-70–75% LVR, $100,000–$1,500,0008.39%-Available under the Lo Doc pathway.
VariableInvestment, Interest only-70–75% LVR, $1,500,001–$3,000,0008.79%-Available under the Lo Doc pathway.
VariableInvestment, P&I-≤65% LVR, $100,000–$1,500,0007.99%-Available under the Lo Doc pathway.
VariableInvestment, P&I-65–70% LVR, $100,000–$1,200,0008.09%-Available under the Lo Doc pathway.
VariableInvestment, P&I-70–75% LVR, $100,000–$1,500,0008.19%-Available under the Lo Doc pathway.
VariableInvestment, P&I-70–75% LVR, $1,500,001–$3,000,0008.59%-Available under the Lo Doc pathway.
VariableOwner occupied, Interest only-≤65% LVR, $100,000–$1,500,0008.19%-Available under the Lo Doc pathway.
VariableOwner occupied, Interest only-65–70% LVR, $100,000–$1,200,0008.29%-Available under the Lo Doc pathway.
VariableOwner occupied, Interest only-70–75% LVR, $100,000–$1,500,0008.39%-Available under the Lo Doc pathway.
VariableOwner occupied, Interest only-70–75% LVR, $1,500,001–$3,000,0008.79%-Available under the Lo Doc pathway.
VariableOwner occupied, P&I-≤65% LVR, $100,000–$1,500,0007.99%8.11%Available under the Lo Doc pathway.
VariableOwner occupied, P&I-65–70% LVR, $100,000–$1,200,0008.09%8.21%Available under the Lo Doc pathway.
VariableOwner occupied, P&I-70–75% LVR, $100,000–$1,500,0008.19%8.31%Available under the Lo Doc pathway.
VariableOwner occupied, P&I-70–75% LVR, $1,500,001–$3,000,0008.59%-Available under the Lo Doc pathway.

Fees

13 fees published, grouped by when they're charged.

  1. When you take it outUp to $9004 fees, each listed below
  2. While you hold itUp to $3952 fees, each listed below
  3. When you close it or pay it offVaries2 fees, each listed below

When you take it out4

  • Application Fee - Electronic Application (<=70% LVR)

    Electronic application fee for the Vacant Land <=70% LVR fee table. GST applies.

    $700
  • Application Fee - Lo Doc (higher-LVR fee table)

    Application fee under the higher-LVR Vacant Land fee table (>70% to 75% LVR where applicable). Excludes GST.

    $599
  • Application Fee - Manual Application (<=70% LVR)

    Manual application fee for the Vacant Land <=70% LVR fee table. GST applies.

    $900
  • Funder Risk Fee

    Risk fee 1.25% of loan amount applies for loans from $100k to $1.5m up to 75% LVR. Excludes GST.

    1.25% of balance

While you hold it2

  • Annual Fee (<=70% LVR)

    Annual fee under the Vacant Land <=70% LVR fee table. Excludes GST.

    $395 a year
  • Monthly Offset Fee (higher-LVR fee table)

    Monthly offset fee under the higher-LVR Vacant Land fee table. Excludes GST.

    $10 a month

When particular things happen5

  • Funder's Legal Fee (<=70% LVR)

    Professional legal fee is $0 under the Vacant Land <=70% LVR fee table; disbursements, government charges and funder contract processing fees may apply. Excludes GST.

    No fee
  • Funder's Legal Fee (higher-LVR fee table)

    Legal fee from $400 plus disbursements under the higher-LVR Vacant Land fee table. Excludes GST.

    From $400
  • Settlement Fee (<=70% LVR)

    Settlement fee under the Vacant Land <=70% LVR fee table. Excludes GST.

    $150
  • Settlement Fee (higher-LVR fee table)

    No settlement fee under the higher-LVR Vacant Land fee table. Excludes GST.

    No fee
  • 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.

    From $250

When you close it or pay it off2

  • Discharge Fee (<=70% LVR)

    Discharge fee from $795 plus agent costs under the Vacant Land <=70% LVR fee table. Excludes GST.

    From $795
  • Discharge Fee (higher-LVR fee table)

    Discharge fee from $550 plus agent costs under the higher-LVR Vacant Land fee table. Excludes GST.

    From $550

Features

Offset account
  • Interest-only repayments are available for up to five years.

Eligibility and limits

  • Residency: Australian citizens, New Zealand citizens residing in Australia, Australian permanent residents, and eligible expat borrowers
  • Amount $100,000 to $3,000,000
  • Maximum LVR 75%
  • Canada, China, Finland, France, Germany, Hong Kong, Italy, Japan, New Zealand, Norway, Qatar, Saudi Arabia, Singapore, Spain, Sweden, United Kingdom, United Arab Emirates, United States of America. O…
  • Loan term 30 years. Principal and Interest or Interest Only for up to 5 years, then reverting to Principal and Interest.
  • Lo Doc: Accountant Declaration, 2 BAS statements, or 6 months business bank statements. Must be minimum 25% shareholder.
  • Eligible borrower structures include individuals, companies and trusts.

Published by Mortgage Ezy under the Consumer Data Right, last changed by them on 2 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.