Smarter ways for your clients to save with Resi
Lenders Mortgage Insurance or Risk Fees are generally taken as a given for any of our customers borrowing above 80% LVR. For these customers, this is a substantial cost that adds considerably over the life of the loan as we know any additional money injected into a loan at the start of the loan term saves that amount many times over thanks to the snowballing effects of compound interest.
There are some lenders that provide higher LVR's for specific professional occupations, however, at Resi, we have no LMI options (via two different funders) for more customers up to an 85% LVR.
Key features of our product options:
- No LMI options to 85% for first time buyers, upgraders, property investors (including Interest Only Loans).
- Variable rates as low as 4.59% p.a.
- Permitted occupations - any acceptable PAYG applicants can access our No LMI options, as can any Self-Employed borrowers (on A full documentation basis).
- Resi is one of the few lenders in the marketplace that also provide no LMI / no Risk fee options for borrowers that fall outside of Prime Lending guidelines, with Near Prime and Specialist options available up to an 85% LVR.
Got you interested? The Resi Renew - Restart range, as well as the Agility 85 product, may suit your customer's needs. Get in touch with the team to find out more.
Craig Herden - Relationship Manager
P: 0478 537 841
Jason Hulbert - Relationship Manager
P: 0468 755 419
Tony Wakim - Relationship Manager
P: 0416 409 100
Or e-mail our scenarios team on firstname.lastname@example.org