Resi Product Spotlight

With Credit parameters continuing to be tightened across the industry, more and more brokers are turning to Specialist funding sources to provide solutions for their customers.

Resi Product Spotlight - Renew/Restart range.

With Credit parameters continuing to be tightened across the industry, more and more brokers are turning to Specialist funding sources to provide solutions for their customers. The Resi Renew & Restart range of loans not only provides more flexible prime solutions for those that don't quite fit the mould of the mainstream lenders, but we also provide the most competitive Near Prime and Specialist Lending solutions in market.

Near Prime: No risk fees up to 85% on most products

  • Unique pricing proposition which minimises entry costs (no risk fees for many customers) making our solution the cheapest in market for those that need a funding solution as a steppingstone back to prime lending.
  • Full Doc, Alt Doc (Declaration of financial position plus one of: Accountant Letter; 6 months Bank Statements or 6 months BAS) Construction (both Full Doc and Alt Doc) solutions are available.
  • Unlimited defaults, judgements and writs up to $1,000 accepted (paid or unpaid)
  • Unlimited defaults, judgements and writs > $1,000, registered > 24 months (paid or unpaid) accepted
  • Discharged from bankruptcy (1 day accepted)
  • Debt consolidation for an unlimited number of debts including payout of ATO debts

Our loan product is the best in market for someone that needs a solution today and intends to refinance into prime within 2 - 4-year time.

Specialist: No risk fees up to 85% on most products

  • Unique pricing proposition which minimises entry costs (no risk fees for many customers) making our solution the cheapest in market for those that need a funding solution as a steppingstone back to prime lending.
  • Full Doc, Alt Doc (Declaration of financial position plus one of: Accountant Letter; 6 months Bank Statements or 6 months BAS)
  • Unlimited defaults, judgements and writs up to $1,000 accepted (paid or unpaid)
  • Unlimited defaults, judgements or writs from 1 credit event < 12 months (paid or unpaid)
  • Discharged from bankruptcy (1 day accepted)
  • Cash out up to 80% LVR for acceptable purposes including renovations and business use
  • Debt consolidation for an unlimited number of debts including payout of ATO debt

Submission

  • Submission is via Apply on-line via Resi - Renew / Restart range, but credit assessment is carried out directly by our funder fast-tracking the process for you.

Finally, gone are the days where borrowers seeking a specialist lending solution have to put up with basic loan functionality. Our solutions offer 100% offset facilities and a great on-line banking platform. At Resi with our Renew/Restart range, we act as caretakers for your clients until you can place them in a Prime Loan offering! Interested to find out how to secure long terms clients via specialist lending, get in touch with the team, they will step you through the process.