Resi Update - Borrowers Win Again
The Reserve Bank has certainly been keeping the Resi team on their toes over the past couple of months. With rates at a record low, we thought it timely to provide you with an update on the Flexi Options pricing.
Some of the highlights include:
- Owner-Occupied Variable rates starting at 3.19% p.a.
- Owner-occupied Fixed rates (2 and 3 years) as low as 3.34% p.a. along with the flexibility of an optional 100% offset account.
- Investment variable loans starting as low as 3.59% p.a.
Please note that these rates are available now, but if a loan needs to be solicitors instructed before 29th July, the instructions will need to occur on the relevant pre-rate drop rate as anything instructed by 29 July will benefit from the reductions outlined below.
We are also pleased to announce that existing variable rate customers will benefit from the following reductions from 29 July 2019.
- All Owner-occupied variable rate borrowers rates will reduce by 0.20% p.a.
- All investment variable rate borrowers rates will reduce by 0.15% p.a.
Download the latest Rate Card 29/07/19
For all Scenarios or policy questions please contact the friendly team at Resi: Please call 1800 737 448 and select:
Option 1 for Sales team or firstname.lastname@example.org
- Craig Herden: National Sales Manager on 0478 537 841 or email@example.com
- Tony Wakim: NSW BDM on 0416 409 100 or firstname.lastname@example.org
- Jason Hulbert: VIC BDM on 0468 755 419 or email@example.com
Option 2 for Credit team or firstname.lastname@example.org
- Matthew Cragg: National Credit Manager
Option 3 for Service team or email@example.com
- Celina Tramontini: National Service Manager