Give your self-employed clients some much needed rate relief1. For a limited time, Resi’s Renew/Restart 2-year Prime Alt Doc fixed rates start from 6.49%p.a.2 (7.06%p.a. comparison rate3).
Here’s why it could be a great option for them:
- No break fees
- Unlimited repayments
- 1% servicing buffer (clean credit up to 80% LVR).
To lock in these rates for up to 90 days, simply submit Fixed Interest Rate Lock Authority Request form4.
To check Resi’s rate card, click here.
Got a scenario? Speak to your Resi BDM!
Important information
Information is correct as of 22 October 2024 and is subject to change. Applications are subject to credit assessment, eligibility criteria and lending limits. Terms, conditions, fees and charges apply. Applications lodged after the Promotion period will be offered the application interest rate, fees and credit policy then applicable. Promotions are subject to change and may be varied or withdrawn at any time.
1Prime Alt Doc promotion (Promotion) applies to new Prime Alt Doc home loan applications, for variable interest rates and 2–3-year fixed interest rates. Refer to the rate card for our full range of interest rates and fees. Applications must be submitted between 12:00am AEDT 15 October 2024 and 11:59pm AEDT 20 December 2024 and settle by 11:59pm AEDT 31 January 2025.
2Variable and fixed interest rates range from 6.44-12.24%p.a (Comparison interest rates range from 6.94-12.48%p.a.). Interest rates are correct as of 15 October 2024 and subject to change at any time. The actual interest rate applicable will depend on the individual borrower’s circumstances.
3Comparison rate is calculated on a secured loan of $150,000 for a term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate
4There is a non-refundable, minimum fee of $750 per home loan application to lock in a fixed interest rate for 90 days, payable at settlement. For home loan balances greater than $500,000, the rate lock fee is 0.15% of the fixed interest rate loan balance at settlement. For example, for a fixed rate loan amount of $600,000, the rate lock fee will be $600,000 x 0.15% = $900. The lesser of the fixed interest rate at settlement or the applicable locked in fixed interest rate will be applied at settlement. The rate lock fee will be charged at settlement even if interest rates decrease after the rate lock request has been approved.
Resi Mortgage Corporation Pty Ltd ABN 61 092 564 415 Australian Credit Licence 390669.Credit provided by Pepper Finance Corporation Limited ACN 094 317 647. ©Pepper Money Limited ABN 55 094 317 665, Australian Credit Licence Number 286655, is the servicer of loans made by Pepper Finance Corporation Limited ABN 51 094 317 647.
