Featured Product: Smartpro

With the ever-changing lending market, RESI remains your dedicated YBR Lender of choice

Product Highlights:

  • Construction up to 90% LVR
  • Investment Purchase and refinance and construction
  • Owner occupied Purchase, refinance, cash out and construction
  • No need for Genuine savings if LVR is below 90%
  • 6 months rental statements can be used as genuine savings contributions
  • FHOG can be used as funds to complete (released at slab stage construction)
  • Cash out up to $250,000 with just letter from applicant for use.
  • Vacant land purchase up to 95% LVR (90% for Investment) INC LMI
  • Flexable maternatity income policy
  • Tax debt can be refinanced as a Prime application

Acceptable income type:

  • Disability Pensions - exempt from asset/income test, i.e. Permanent Blindness
  • Widow Pensions
  • Foster Care Payments
  • Supplement Payments (related to certain pensions)
  • Defence Force Reserve Income
  • Family tax A & B (child must be under the age of 12)
  • Employee allowance, Bonus, Commissions, Overtime
  • Self employed more than 2 years
  • 6 Months Casual or contract employment
  • No Min employment term for Perm or Perm Part time applicants

Rural Security:

A Home Loan Product can be offered up to a maximum LVR 70%, subject to the following criteria being met:

  • Less than 50 hectares (120 acres) in size
  • Property not generating (or be 'intended' to generate) gross trading income of more than $20,000 per year and
  • Any debt servicing not being reliant on the trading income generated from the Rural Property

Current Smartpro Promotion:

NO ongoing fees, NO valuation fee (standard valuation), NO application fee and only $330 legal fees.

**** 2 year fixed rate now 3.17% P & I**

For any scenarios or detailed policy questions please email brokersupport@resi.com.au or call 1800 737 448 (Option 1)