(US, Australia, banking, finance) A loan or mortgage where the borrower provides only limited proof of their income.
2006, The Bulletin, Issues 6536-6544, [http://books.google.com.au/books?id=0h8YAQAAIAAJ&q=%22low-doc+loan%22|%22low-doc+loans%22+-intitle:%22%22+-inauthor:%22%22&dq=%22low-doc+loan%22|%22low-doc+loans%22+-intitle:%22%22+-inauthor:%22%22&…
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Regional slang from around the English-speaking world — British, Australian, Irish, Caribbean, Nigerian, Filipino, AAVE, and the hyphenated-English dialects that make the internet sound local.
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