Resimac Accelerate Red Alt Doc
The Resimac Accelerate Red Alt doc product has been designed for borrowers who don’t meet strict credit scoring criteria yet have a history of managing their debts well. The product is ideal for either self-employed small business owners or PAYG borrowers looking to buy or refinance their home or investment property and obtain cash out for business purposes including refinancing ATO or high cost overdraft debts, purchasing equipment and working capital requirements. Accelerate Red Alt Doc applies to owner occupier, principal & interest loans only. Accelerate Red Plus Alt Doc applies to all Investment and/or Interest only loans.
(loan must settle by 31 May 2019).
Construction to 85% LVR O/O
Unlimited Cash Out to 80% LVR
No limit on the number of debts that can be consolidated
Unlimited Cash Out to 80% LVR for acceptable business purposes
Discharged bankrupts considered
Unlimited adverse credit registered >24 months prior to application
Not all features available on all products. Please refer to product specs for additional information.
Resimac Accelerate Red Alt Doc & Accelerate Red Alt Doc Plus
|Resimac Accelerate Red & Red PLUS Alt Doc||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|
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 formDownload
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