Resimac Accelerate Red


The Resimac Accelerate Red product has been designed for borrowers who don’t meet strict credit scoring criteria yet have a history of managing their debts well. Offering a competitive rate and flexible features, the Accelerate Red is available for those borrowers who have a number of debts to be consolidated, or just need their application to be considered on its merits rather than a credit score. Accelerate Red applies to owner occupier, principal & interest loans only. Accelerate Red Plus applies to all Investment and/or Interest only loans.

  • Discharged Bankrupts considered from Day 1 to 95% LVR

  • Defaults listed >2 yrs ago ignored (paid or unpaid)

  • 457 Visa (and others) considered to 95% LVR

  • No limit on the number of debts that can be consolidated

  • 6 months casual employment acceptable

  • Up to 40-year terms available

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


Product Specifications


Resimac Accelerate Red & Accelerate Red Plus

Resimac Accelerate Red & Red PLUS Accelerate Red (OO P&I loans only) Accelerate Red PLUS (INV and/or I/O loans)
LVR Interest rate Comparison rate Interest rate Comparison rate
Under 65% 4.59%p.a. 4.91%p.a. 5.44%p.a. 5.75%p.a.
65-70% 4.78%p.a. 5.10%p.a. 5.64%p.a. 5.95%p.a.
70-75% 4.78%p.a. 5.10%p.a. 5.84%p.a. 6.14%p.a.
75-80% 5.12%p.a. 5.43%p.a. 5.99%p.a. 6.29%p.a.
80-85% 5.42%p.a. 5.73%p.a. 6.65%p.a. 6.94%p.a.
85-90% 6.12%p.a. 6.42%p.a. 6.93%p.a. 7.22%p.a.
90-95% 7.12%p.a. 7.41%p.a. 7.94%p.a. 8.22%p.a.
Swipe to view more
*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.




  • Application Form

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

  • Customer Requirements & Objectives

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

  • Australia Post Identity Verification Form

    Click to download this form

  • Credit Card Authority Form

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

  • Supporting Documentation Checklist

    Ensure you have provided all the required documentation to progress.

  • Living Expense Declaration

    Complete the breakdown of combined basic and additional living expenses.


Contact your BDM


We’re here to help. Simply leave your details here and we will get back to you.

* Callbacks are scheduled within normal business hours.
See our Privacy Policy