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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.
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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.