Resi Essentials launches new Serviceability Calculator

The Team at Resi have been hard at work building their new calculator, which has been re-built based on feedback they have received from their broker network.

The new calculator will simplify the application process by :

  • Introducing a new design - clean and simple look and feel
  • Reduce the time taken to complete a serviceability assessment
  • Provide brokers the ability to view the maximum borrowing capacity - as a guide for how much applicants can borrow
  • Enable brokers to change information in any section without having to recommence the assessment process
  • New and Improved Self Employed worksheet and Includes the BAS worksheet to assist with Alt Doc applications
  • PLUS a whole lot more

Resi will continue to accept deals submitted with the current version of the calculator up until Sunday 6 March 2022, after which time the serviceability aspect to the loan application will need to be resubmitted.

The new branded Calculators will be available in VowNet and the Resi website from Monday 21st February.

As always, they would love to hear any feedback you have.

If you have any questions, please reach out to your BDM or Broker Support.