Product showcase: Resimac Specialist (Full Doc)

 

If you have a borrower who is credit-impaired or looking for a higher than usual loan amount, the Resimac Specialist (Full Doc) product could be your tool for doing business with them*.

It could also be a particularly useful tool if considering debt consolidation. The Specialist (Full Doc) and Specialist (Alt Doc) products allow an unlimited number of debts to be consolidated.

Let’s have a look at some of the features of Specialist (Full Doc)*:

●   Available for refinance, including non-conforming, private, solicitor and business loans
●   Child support (children 13 and under) and Family A & B benefits (children 13 and under) accepted as an income source
●   Unlimited cash out for any worthwhile purpose including payout ATO debts, working capital and purchase of business equipment
●   Defaults under $2,000 accepted
●   Defaults paid over 12 months ago, or listed over 24 months ago (paid or unpaid) accepted
●   Maximum LVRs and loan amounts may be increased for applications considered on an exceptions basis
●   100% Offset available

You can learn more about the Specialist (Full Doc) and Specialist (Alt Doc) family of products here.

If you have any questions, please contact a BDM or Relationship Manager in your state or territory

*Subject to relevant terms and conditions