Resimac Accelerate Prime Construction

 

The Resimac Accelerate Prime Construction product has been specifically tailored to suit the needs of borrowers who fall outside the mortgage insurance and banking guidelines. Types of borrowers that may fall into this category include: self-employed borrowers, credit impaired borrowers, contract workers and other applicants who do not fit into mainstream products, or borrowers who have reached their exposure with mortgage insurers. Accelerate Prime Construction applies to owner occupier, principal & interest loans only. Accelerate Prime Plus Construction applies to all Investment and/or Interest only loans.

 
  • No genuine savings option

  • Up to 95% LVR on purchases

  • Up to 85% without LMI for O/O P&I

  • Construction to 95% LVR O/O

  • 100% of overtime, bonus and commission income

  • 100% offset account

Not all features available on all products. Please refer to product specs for additional information.

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Product Specifications

 

Resimac Accelerate Prime Construction & Accelerate Prime Construction Plus

 
Accelerate Prime & Prime PLUS Construction Accelerate Prime Construction (OO P&I loans only) Accelerate Prime PLUS Construction (INV and/or I/O loans)
LVR Interest rate Comparison rate Interest rate Comparison rate
Under 55% 3.86%p.a. 3.90%p.a. 4.57%p.a. 4.60%p.a.
55-65% 4.12%p.a. 4.16%p.a. 4.57%p.a. 4.60%p.a.
65-70% 4.16%p.a. 4.19%p.a. 4.57%p.a. 4.60%p.a.
70-75% 4.16%p.a. 4.19%p.a. 4.70%p.a. 4.73%p.a.
75-80% 4.55%p.a. 4.58%p.a. N/A N/A
80-85% 4.61%p.a. 4.64%p.a. N/A N/A
85-90% 4.87%p.a. 4.90%p.a. N/A N/A
90-95% 5.11%p.a. 5.14%p.a. N/A N/A
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*Interest rates on this site for Accelerate products are effective from 8 July 2019. Rates shown apply to new business only and may vary before your loan is settled. Rates shown do not apply to all loan sizes, purposes, repayment types, scenarios or LVRs. The comparison rate is calculated on the basis of a loan of $150,000 over a term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Terms & conditions, fees, charges and credit criteria apply.

Calculators

 


Forms

 
  • Application Form

    The core document to begin your home loan application with Resimac.

    Download
  • Customer Requirements & Objectives

    Complete this form to confirm the borrower's objectives and they meet the requirements.

    Download
  • Australia Post Identity Verification Form

    Click to download this form

    Download
  • Credit Card Authority Form

    Provide authority to debit a credit card as outlined in the contract.

    Download
  • Supporting Documentation Checklist

    Ensure you have provided all the required documentation to progress.

    Download
  • Living Expense Declaration

    Complete the breakdown of combined basic and additional living expenses.

    Download

Contact your BDM

 

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