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 stepping stone back to prime lending.
  • Full Doc, Alt Doc (Declaration of financial position plus one of: Accountant Letter; 6 months Bank Statements or 6 mths 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.

Download Resi Rate Card 29/04/2019

Download Renew/Restart Application Process

For all the Resi product fact sheets and rate cards, please go to: https://www.vow.com.au/resi-home-loans

Or contact your Resi sales team:

Sales Team 1800 737 448 option 1 or brokersupport@resi.com.au

Craig Herden National Sales Manager 0478 537 841 craig.herden@resi.com.au
Tony Wakim BDM NSW 0416 409 100 tony.wakim@resi.com.au
Jason Hulbert BDM VIC 0468 755 419 jason.hulbert@resi.com.au

Masterclass and Vow Financial

Vow Financial is pleased to confirm we are partnering again this year, with FBAA to roll out Education & Training around Commercial & Equipment Finance lending nationally. This is a half day training around identifying Commercial & EF opportunities for your clients, putting together Commercial Credit submissions, analysing financial accounts along with understanding Commercial SMSF terms.

A heavily subsided ticket cost will apply to our group, keep an eye out further details to come from our events team over the coming week or feel free to contact me with any questions many thanks.

Pepper Money Insights Roadshow Giving brokers the X Factor

You will no doubt be aware that we have recently opened registrations to our 2019 Insights Roadshow which is available to all mortgage brokers as well as aggregators and other members of the mortgage industry.

It would be fantastic to see you there (register here) and as many of your brokers as possible. Any help you can give to get them registered, such as sending the below email template would be much appreciated.

What's the event all about? This year we'll be giving brokers all the insights, tools and panel expertise that will provide their business with a winning edge. We will help them develop best in class experiences for their business including Regulatory Experience, Digital Experience, Customer Experience and Business Experience.

If you have any questions, as always please don't hesitate to contact myself or any one of our Sales team members.

Siobhan Williams
State Manager NSW/ACT
swilliams@pepper.com.au
0499 499 515

Why Choose ING?

ING has recently reduced our Owner-Occupied fixed interest rates for 2, 3 and 5 year terms. For more information on our current rates, please visit our introducer website here.

In addition, we would like to make you aware of some of our credit policy solutions that may assist your customer's needs:

  • Cash out up to 80% LVR, with acceptable purpose
  • Availability of common debt reduction
  • Unlimited debt consolidation under 80% LVR
  • Family Support Policy
  • Acceptance of non-resident where at least one applicant is a Permanent Resident or Australian Citizen and they are married or in a de facto relationship.

You can find a snapshot of ING's home loan products and key credit policies here.

To discuss a scenario or ask questions on the above, please contact your ING representative today!