Resi would like to cover off on a few recent improvements to their Resi Essentials Policy that they feel deserve an extra mention.
Introduction of a 95% Option for Prime Full Doc Investment and Interest Only
Resi is now offering a 95% LVR option for Prime Full Doc investment and interest-only loans. Paired with Monthly LMI, this is a compelling option for those looking to enter the market through an investment purchase.
Introduction of an 85% LVR Option for Prime Alt Doc
A new 85% LVR option is now available for Prime Alt Doc loans.
Enhanced Near Prime Full Doc Options
Near Prime Full Doc loans are now available up to 85% LVR with both P&I and Interest Only options in all acceptable locations for RWF. For LVRs between 85% and 90%, P&I repayments are required and are available in metro locations only.
For further details please click here or call your Resi BDM.