Resi - options you may not know you had!
Introduction: Many Vow brokers are not aware that on joining Vow, they are automatically accredited with our in-house Mortgage Manager, Resi. We are here to let you know the benefits that Resi bring to your business and how to ensure their competitive funding options display for you and your brokers.
What does Resi provide to your business? A 30 second snapshot is detailed below:
- Access to 4 different funders via one lender. Prime lending solutions, Near Prime and Specialist solutions via multiple product providers.
- Exceptional flexible Prime loan solutions. Construction options via 3 funders, construction solutions including options covering:
- Bridging Finance scenarios
- Alt Doc construction
- Construction for Near Prime credit situations
- First Home Buyers up to 95% with FHOG acceptable as funds to complete
- No LMI options to 85% for first time buyers, upgraders, property investors (including Interest Only Loans).
- Highly competitive Prime Investment lending options. Market leading rates available for Investment P&I and well as Interest Only up to a 90% LVR.
- Near Prime and Specialist lending solutions which minimise entry costs - solutions designed to help you manage your customers short term needs (getting their loan set now) and allowing you to map out a low-cost pathway to a prime lending solutions longer term.
This is just a little snapshot of what you are currently accredited to access. So how do I view these products in Vownet?
Once you have accessed Vow Net, navigate to "My accreditations" menu item. The next step is to look for each of the individual Resi Product ranges. Make sure you mark your accreditation for:
- RESI Agile
- RESI Flexi
- RESI Restart Renew
- RESI Smart Pro
While the product ranges appear separately within Vownet, your dealings are with the one organisation, just make sure you have got each of the accreditations enabled to ensure our lending solutions display in Vownet for you.
Featured Product: Flexi Options
Flexi Options be it for Owner-Occupied or Investors provides some great long-term value for your customers. Recently we have seen the resurgence of honeymoon rates, but all of our Flexi Options loans are true long-term variable rates with no nasty rate increases after 2 years.
For Owner-occupied, we offer the following rates with no on-going fees (unless an offset account is selected which comes at a cost of $10 per month).
Flexi Options |
LVR < 80% |
80% < LVR < 90%* |
P&I variable owner-occupied |
3.74% |
4.06% |
* LMI can be capitalised on top of the loan amount
In terms of loans to investors, this is where we really stand out from the pack, no matter your scenario, we have you covered with a very competitive offer. Principal and Interest remains the more popular option now with sharper rates available, our rates represent good value no matter how long your client wants to stay with us.
Flexi Options |
LVR < 80% |
80% < LVR < 90%* |
P&I variable investor |
3.99% |
4.26% |
* LMI can be capitalised on top of the loan amount.
Flexi Options |
LVR < 80% |
80% < LVR < 90%* |
Interest Only variable investor |
4.39% |
4.79% |
* 90% hard cap for Interest Only lending.
Got you interested? Have a chat to the team about your next Scenario or Deal
Jason Hulbert - Business Development Manager
E: Jason.Hulbert@resi.com.au P: 0468 755 419
Tony Wakim - Business Development Manager
E: Tony.Wakim@resi.com.au P: 0416 409 100
Craig Herden - National Sales Manager
E: Craig.Herden@resi.com.au P: 0478 537 841
Or e-mail our scenarios team on scenarios@resi.com.au or 1800 737 448
Check out our Rate Sheet and Product Sheet.