Established in 1985, RESIMAC has been listed on the ASX since 2001, giving its customers assurance that the company is backed by strength and security. Formerly known as Homeloans prior to a merger in 2016, RESIMAC is an industry award-winning non-bank lender, boasting customer satisfaction levels of over 97%. RESIMAC borrowers enjoy unique benefits, from flexible loan features to discounts on everyday items like groceries and fuel. This lender adheres to strict guidelines on transparency and business ethics and is proud to be Carbon Conscious, planting a tree for every home loan settled.
Very competitive interest rates
Alt doc loan options available
Great customer service
Interest rates go up when you borrow more
Loan approval times can be lengthy
Some fees are high
The Ultra Plus loan product comes with very competitive interest rates, however, they will vary based on how much you are borrowing and whether you choose a variable, fixed, or both with a split rate loan. Enjoy flexible repayment options and the freedom to pay down your mortgage quickly with unlimited additional repayments, either ongoing or as a lump sum. You do have the option to pay interest only, but keep in mind this choice will come with a rate surcharge.
When you need options, you need MoniPower. This loan can be used for construction or new purchases. You can also take advantage of the bridging feature so you don’t have to worry about selling your current home before you find your next dream property. Get all the flexible repayment options as well as a 100% offset account to make paying down your loan easier. You can choose between a fixed or variable interest rate and still enjoy an extra repayment option with both. New customers can enjoy waived fees. This loan product is available for full doc and alt doc loans.