Articles - Interest-only loading waived on all IO products

Interest-only loading waived on all IO products

 

We’ve waived our interest-only loading for a limited time only!

This means your clients can now get P&I pricing on all of our IO loans.^

UPDATE - Resimac has since extended its waiving of interest-only loading and its bundle offer for a limited time only. The updated details are:

Full Doc rates start from 5.04%pa (5.36%pa comparison rate).~

Alt Doc rates start from 6.24%pa (6.27%pa comparison rate).~

This offer can be combined with our bundle offer, which offers clients owner-occupied rates on their investment property when they submit their owner-occupied and investment loans together.*

Both offers are only available for a limited time, so act fast!

For more information about this offer, please reach out to your BDM or Relationship Manager.

 

^ Principal and interest level rates are not fixed and therefore may fluctuate depending on market conditions.

* Properties do not need to be under the same transaction – they can be split across applications.

~ Rates as of Wednesday 1 February 2023 and are subject to change. The comparison rate is calculated on the basis of a loan of $150,000 on an initial 5-year interest-only period.

WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different times, fees or other loan amounts might result in a different comparison rate.

 

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