Vow Voice 15th November 2018

Right now and for loans that are lodged up to the end of November, we have some very special rates on offer with Renew Prime Alt Doc rates starting as low as 4.45%, together with our unique low entry cost solution, it is hard to go past the Renew range for Alt Doc borrowing!

Effective through to the end of the month, we have some red hot rates available in both prime and near prime product categories:

Renew Prime Alt Doc options

Special rates available up to 70% LVR (construction excluded)

Under the Prime program, the following can be considered:

• Loans up to $2,000,000 (@ 70% LVR)
• Paid defaults up to $500
• Cash out (excluding business purpose)
• Debt consolidation up to 4 debts
• ABN registered 24 month, GST 12 months
• Income verification by way of Declaration of financial position plus two of the following:
  • 6 months business bank statements
  • 6 months of BAS
  • Accountant letter (refer Resi Renew- Restart annexure form).

If your client cannot qualify for the Prime Alt Doc, perhaps the Resi Renew Near Prime options will suit.

Renew Near Prime Alt Doc options

Under the Near Prime program, the following can be considered:

• Loans up to $2,500,000 (@ 65% LVR); $1,500,000 (@ 80% LVR)
• Unlimited defaults judgements and writs up to $1,000 (paid or unpaid)
• Unlimited defaults, judgements and writs over $1,000 as long as they were registered greater than 24 months ago (paid or unpaid)
• Cash out permitted to 80% including renovations and business use
• Unlimited debt consolidation including pay out of ATO debts
• ABN registered 24 month, GST 12 months
• Income verification by way of Declaration of financial position plus one of the following:
  • 6 months business bank statements
  • 6 months of BAS
  • Accountant letter (refer Resi Renew- Restart annexure form).

Special rates available up to 80% LVR (construction excluded) Note NO RISK FEES are payable on any of the pricing options below!

Got you interested? Have a chat to the team about your next self-employed scenario, be it Alt Doc or Full Doc, chances are we have your solution.

Jason Hulbert - Relationship Manager E:Jason.Hulbert@resi.com.au P: 0468 755 419
Tony Wakim - Relationship Manager E: Tony.Wakim@resi.com.au P: 0416 409 100
Craig Herden - Relationship Manager E: Craig.Herden@resi.com.au P: 0478 537 841
Or e-mail our scenarios team on scenarios@resi.com.au

Resi Rate Sheet Download Here

We are pleased to let you know that Prospa has launched their End of Year (EOY) special offers.

There are 4 fantastic offers that are available:

Offer One - for your clients - Pay Nothing Until 6^th Jan 2019

***No repayments until 6 January 2019***
Get your clients the money they need now and they make no repayments until 6 January 2019.
Applies to loans settled between 11 November and 16 December 2019 inclusive.

Offer Two - for yourself - Limited Offer 5% Commission

***5% commission for a limited time***
You earn a boosted commission (fixed) for every new customer loan settled between 1 November and 31 December 2019.
Applies to new loans for new customers only.

Offer Three - Custom emails & Landing Page to attract more customers

Help your clients maximise their EOY sales with cutting-edge marketing collateral.
To help promote your clients' small business lending product, Prospa are offering a suite of custom branded emails and landing page.

Offer Four - Exclusive $10,000 partner loan offer

Registered Prospa partners are eligible for a $10,000 loan for any business purpose.
Your clients can use the funds to upgrade IT equipment, buy office furniture, update their website or run a marketing campaign to attract new clients.

For more information visit www.prospa.com

*This is an announcement from RESIMAC:

Same Products - New Brand

Dear Vow partner brokers,

We recently announced that on 3^rd December 2018 we will be merging our two mortgage brands RESIMAC and Homeloans under the one refreshed brand, Resimac.

www.resimac.com.au/en-au/brand
www.homeloans.com.au/resimac/

Under our existing RESIMAC Financial Services and Homeloans brands, broker partners can currently access the following products from us:

• RESIMAC Financial Services - standalone offering, RESIMAC funded products only
• Homeloans FlexiChoice
• Homeloans Accelerate
• Homeloans MoniPower
• Homeloans Ultra Plus

The RESIMAC Financial Services and Homeloans FlexiChoice products are both funded by RESIMAC and are essentially the same, with all other products funded by our long term external funding partners.

From 3rd December RESIMAC Financial Services as a brand will cease and the Homeloans brand and associated mortgage products will be consolidated and marketed simply as Resimac. This consolidated product range will include the current RESIMAC funded products as well as those funded by our external funding partners. The product name changes are as follows:

These are the same products under a new brand.

What does this mean for you?

• If you hold a Homeloans accreditation, there will be no change as you will continue to access all of our products via your current Homeloans broker code.
• If you hold a RESIMAC Financial Services accreditation, this will cease and your RESIMAC broker code will be disabled (currently used to access RESIMAC Financial Services only)
• If you hold both a Homeloans and RESIMAC Financial Services accreditation, please continue to access our products, including those funded by RESIMAC, using your current Homeloans broker code.

If you currently hold a RESIMAC Financial Services accreditation only and wish to continue accessing RESIMAC funded products after 3^rd December, please complete an accreditation application and return to accreditations@homeloans.com.au. This accreditation will provide you with access to all our products, including those funded by RESIMAC.

If you have any queries regarding this change or if you would like further information on the products we offer please contact your business development manager.

Regards,
RESIMAC Team.

With the Mortgage & Finance Association of Australia (MFAA) Annual General Meeting fast approaching, eligible MFAA members are reminded to vote in the Board Election.

Members are voting to fill two Board positions, and we encourage you to vote in Sarah Wells as one of them.

Sarah Wells is our pick as she is committed to always act in the best interests of our brokers and we believe she will do a fantastic job as director.

Please note that the AMG is on 21 November (Sydney), with voting to close at 5 pm AEDT, Thursday 15 November.

Make sure you have your say and vote!

The results will be announced at the AGM. All eligible members will have received a unique email regarding their opportunity to vote.

For more information on voting, see here.

Ballot emails were sent to members on the morning of Tuesday 30 October. If you believe that you are an eligible MFAA Voting Member but haven't received an email to record your vote, contact the MFAA Membership Services team on 1300 554 817 or membership@mfaa.com.au.