Prime IO Investment Rates

08th Nov, 2021 | Branch News 9 November 2021, Lender Updates

In this article:
No investment IO loading on RESI Essentials Prime.

Resi prides itself on the product offering available, which we continue to evolve as we go. We want to highlight our Prime IO Investment rates, which match our P&I offering. An excellent option for clients looking to invest and maximise their tax benefits.

If you missed the last newsletter, as part of RESI’s “Spring Promotion”, – we are pleased to announce a reduction in Investment Rates across several LVR bands for the Essentials Near Prime product.

Details are as follows.

Essentials Near Prime Full Doc INV P&I

  • Up to 60% – reduced to 3.35% (from 3.50%)Comparison Rate of 3.41%.

Essentials Near Prime Full Doc INV IO

  • 0%-60% – reduced to 3.50% (from 3.80%). Comparison Rate of 3.56%.
  • 60.01%-70% – reduced to 3.65% (from 3.80%). Comparison Rate of 3.71%.
  • 70.01%-80% – reduced to 3.75% (from 3.95%). Comparison Rate of 3.81%.

Resi Rate Card

*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.