by Pearl Cabiluna | Nov 23, 2023 | Broker News, Select Product
Important changes to how we assess serviceability We’re making some important changes to ensure we continue to lend responsibly and meet our regulatory obligations.Effective Friday 24 November 2023, we’ll be updating our Household Expenditure Measure (HEM) to...
by Pearl Cabiluna | Oct 26, 2023 | Broker News, Essentials Product
Resi have reduced the serviceability buffers for our Resi Essential Options product range. Resi have also lowered interest rates on selected products and LVR’s. It’s all happening at Resi! General Interest Rate Buffer Reduced Offer your clients an increased borrowing...
by Pearl Cabiluna | Oct 11, 2023 | Broker News, Essentials Product
1. General Interest Rate Buffer reduced Offer your clients an increased borrowing capacity with a reduced serviceability buffer of 2% (Reduced from 2.5%). This NEW reduced buffer is available across our full range of loan products (including loans subject to lenders...
by Pearl Cabiluna | Oct 6, 2023 | Broker News, Select Product
Rates as low as 5.84% p.a1 (Comparison 5.87% p.a.)2 Earlier this month, Resi Select reduced the variable interest rate for new Owner Occupier P&I home loans, with less than or equal to 70% LVR to 5.84% p.a (Comparison 5.87% p.a.). This is a great offer to help...
by Pearl Cabiluna | Sep 21, 2023 | Broker News, Essentials Product
Under Essential Options loans, your client can borrow right up to 95% and we will not need to see genuine savings! The only evidence we need to see is the clients funds to complete. Examples of acceptable sources of funds to complete are: Term deposits or savings...
