Resi Rate Reduction

At Resi, we are always looking for ways to help secure the best possible rate available. That is why we have reduced the Prime Rate to 2.39% (Comparison rate 2.42%) on our Essentials Prime Product.

  • Owner Occupied Loans only
  • Loan amount of $250,000 - $750,000
  • Max LVR - 65%
  • Metro Locations only
  • PAYG Applicants only
  • Principal & Interest only

In addition, the risk fee for Near Prime Loans is being waived for applications received up to the end of April.

  • Minimum Loan size $250,000 (All loans below this loan amount will continue to incur a risk fee)
  • Max LVR - 70% (Risk fee applies on LVR's above this)
  • The loan must settle on or before 30th June 2021

RESI Ratecard

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

Bankwest Webinar

To help businesses and brokers navigate the challenges of the current environment, Bankwest has partnered with The Small Business Lounge to provide free access to an exclusive webinar series.

Bankwest's next Small Business webinar is on Monday, 22 February 2021. They will cover essential steps as business owners that must be taken to protect one's business assets. They will also take a look at insurance, fraud and scams, protecting your IP and other risk assessment measures.

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When: Monday, 22 February 2021

Time: 12pm-1pm AWST, 3-4pm AEST

Registration: Click here to register

CPD Points: MFAA and FBAA accredited brokers can claim 1 CPD point by attending this webinar

Vero Insurance Update

On 9 February 2021, Suncorp announced that the Vero broker division will cease offering construction and consumer insurance products (Home, Landlord or Motor) through the Australian broker network from 31 March 2021.

Please be reassured that this change does NOT impact Vero branded personal insurance products issued through their Corporate Partner channel. Your new and existing customers can continue to protect their personal assets as they do today.

To help avoid confusion, a rebrand for their products is currently being planned. However, at this stage, there is no change.