Articles - Don’t miss out on Prime Alt Doc and Specialist promo

Don’t miss out on Prime Alt Doc and Specialist promo

Don’t forget, the Resimac Prime Alt Doc and Specialist (Full and Alt Doc) rate and fee promo is still available, but it won’t be around forever. Make sure your eligible customers are aware of it.

Resimac Prime Alt Doc rates are 2.99% p.a. (3.03% p.a.*) up to 80% LVR (Variable, OO, P&I). Rates are also reduced for all other Investor and Interest Only Resimac Prime Alt Doc products. Risk Fees have been waived for all Prime Alt Doc products - a saving of up to 1.00% at 80% LVR.

All Resimac Specialist (Full Doc and Alt Doc) rates have been reduced by 50 bps+. Rates now start from 3.37% p.a. (3.47% p.a.*) for the Resimac Specialist Full Doc Clear (Variable, OO, P&I) product.

Risk Fees have also been waived for all Specialist (Full Doc and Alt Doc) products up to 70% LVR.

If you have any clients who fall outside the traditional Prime lending criteria, such as the self-employed or those who have experienced financial set backs but are on the road to recovery, these rates represent a great opportunity for them to refinance or consolidate debt or get into the housing market.

Get in touch with your Resimac BDM or Relationship Manager today to discuss a scenario.

+Rate reduction compared to rates prior to 15 March 2021. *Variable rate loans up to 70% LVR (unless otherwise stated). The comparison rate is calculated on the basis of a loan of $150,000 over a term of 25 years. WARNING: This comparison rate applies only to the examples given. Different amounts and terms will result in different comparison rates. Terms and conditions, fees, charges and lending or credit criteria apply.

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