Vow Voice 30th May 2019

With the coalition win in the recent federal election there is suddenly renewed optimism for the property market and consequently investors can be expected to become more active in the coming months.

This is where your in house mortgage manager, Resi Home Loans can help! Here is a quick Q&A to help you understand where Resi may be able to help your next property investor.

Question. We see some pretty sharp rates for investment loans from other lenders on the Vow panel, but these special offers often come and go very quickly. How does Resi's current offers stack up and how consistent has Resi's pricing been over say the last 12 months?

Answer. Resi's flagship investor product is the Investor P&I Flexi Options with an LVR of up to 80%, the current rate is 3.94%. Over the past 12 months, the highest this variable rate has been was 4.04% showing that at Resi, we are consistently pricing our loans as competitively as possible.

Question. With negative gearing appearing to be here to stay, does Resi provide Interest only solutions for investors as well?

Answer. Yes we do, while the interest rates start a little higher we can offer a 2 or 3 year fixed rate at 4.14%, what's more, these rates apply for LVR's up to 90% (inclusive of LMI)! Yes, Investor, Interest Only solutions for loans up to a 90% LVR. Variable investor interest only rates starting at 4.29%.

Question. I see a lot of self employed borrowers, how well positioned is Resi to look after their needs for investor lending?

Answer: Our experience sales and credit staff are well versed in dealing with self employed scenarios. Also we have product solutions that cater for self employed (with financials) and those that may not have the necessary documentation (alt Doc). Across our various product ranges, we have 2 funders that provide Alt Doc loans and one that is happy to operate off just an accountant's letter (along with verbal confirmation with the accountant).

Question: What about borrowers that need a specialist lending solution?

Answer: At Resi, we have specialist lending solutions with two funders, each employing slightly different approaches. Our sales team are more than happy to workshop your scenarios to determine the best pathway forward that suits your client's needs.

Download Resi Rate Card 29/04/2019

With all of these solutions and more available for your property investor clients, now is the right time to speak with the team about your next deal.

This critical training and education day supports brokers businesses to expand product knowledge, by understanding the basic requirements of lenders playing in this space.

The training is supplied by lenders modules that builds the steppingstone from identifying opportunities, through to financial analysis and what credit submission should look like!

We are subsidising ticket cost from $160 down to $50, for first 25 brokers in each state to register on the link attached.

You are supplied with a work booklet, lunch as well as time to meet the 20 plus trade stands of lenders operating in these markets in your state.

Don't miss out register for your respective capital city "NOW"

Tuesday, 18th June 2019: Adelaide - Register here
Wednesday, 19th June 2019: Perth - Register here
Tuesday, 25th June 2019: Brisbane - Register here
Wednesday, 26th June 2019: Melbourne - Register here
Thursday, 27th June 2019: Sydney - Register here

Vow Professional Development Days

Additionally, at the conclusion of the FBAA Commercial Masterclass the Professional Development Days will commence. These sessions will consist of two panels with our partners along with information on Compliance.

For the full agenda of these Professional Development Days in your capital city please click on the respective link below and register.

Thursday, 13th June 2019: Hobart - Register here
Wednesday, 19th June 2019: Adelaide - Register here
Wednesday, 19th June 2019: Perth - Register here
Tuesday, 25th June 2019: Brisbane - Register here
Wednesday, 26th June 2019: Melbourne - Register here
Thursday, 27th June 2019: Sydney - Register here

Welcome to the Vownet Webinar Series. This series will cover:

• The Basics of Vownet including basic functionality and settings
• Vownet a deeper dive will explore more intermediate features including entering a basic deal, entering a split product, add others to a deal such as a guarantor or company
• Vownet advanced will explore more advanced functionality of Vownet including; setting up marketing campaigns for client's birthdays, fixed rate expiry and 6-12 month check ins.

Further details ab out this webinar series can be found on Vow Professional

Register for Vownet - The Basics
Register for Vownet - Intermediate
Register for Vownet - Advanced

The 2019 National Conference is rapidly approaching, and we've extended the early bird special to the 14th June, giving you every opportunity to take advantage of the discounted rate. To ensure you don't miss out, please register via the conference website before the offer ends.

Suncorp are running a competition where you have the opportunity to win one of two conference packages, getting you to Darwin for free. Register now and if you are the lucky winner your payment will be reimbursed. Click here for more details

For information on the conference agenda and the sessions planned, please visit the conference website. If you have any questions, please contact amy.dimech@vow.com.au.

Register now