Grow your business with Resimac's latest initiatives

Did you know Resimac in March increased commission rates on Prime Alt Doc, Specialist (Full Doc) and Specialist (Alt Doc) products*?

The new rates are as follows:

 

*Terms, conditions and eligible credit criteria apply to all loan features. Increased commissions do not apply to wholesale partners.

Reduced interest rates for Prime Alt Doc and Specialist Products

Resimac in late April dropped interest rates on Prime Alt Doc, Specialist Full Doc, and Specialist Alt Doc products.

See our rates table here.

Reduced serviceability assessment buffer

Resimac has reduced its serviceability assessment buffer to 2.00%p.a. for all products.

This means the stressed assessment rate for all products is the higher of either:

• the actual rate plus a 2.00%p.a. loading, or
• a floor assessment rate of 5.75%p.a.

The Prime and Specialist Serviceability Calculator has been updated to reflect this change.

Great turnaround times and service

Eligible fully packaged applications can gain conditional approval in less than three days.

See our turnaround times here.

Streamlined originations process with new credit reporting and VOI tools

Have you seen the new digital tools we have added to the ApplyOnline portal?

See details in our previous news article.

 

If you have any questions, please contact your BDM or Relationship Manager.