Non-bank offers limited time discounts

Promotion on selected home loan products scheduled to go live next week on 19 August

Non-bank offers limited time discounts

News

By Madison Utley

A non-bank lender is discounting its rates by up to 0.5% per year, as well as reducing fees on a spectrum of selected home loan products.

Resimac yesterday announced the range of reductions from selected Resimac Specialist interest rates, as well as the waiving of the first year's annual fee of $299 on Resimac Prime Flex Full Doc home loans.

The promotion applies to applications on the selected products lodged from 19 August 2019.

GM of third party distribution Daniel Carde noted, “We’ve recently reduced rates and enhanced our onboarding processes, and now we’re adding more compelling reasons for brokers to do business with Resimac.”

The discounts follow Resimac’s recent rate reductions, with its variable interest rates now starting from 3.21% per annum.

Carde said the promotion reflected Resimac’s commitment to providing its broker partners with competitive products to service their customers.

“Throughout our prime, specialist, full doc and alt doc loans we are offing significant further savings, reinforcing that there has never been a better time to choose Resimac,” he said.

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