In this article:
Essentials Near Prime is here to help with your clients that don’t quite fit into the Prime space.
What Resi can help with under Essentials Near Prime:
- Debt consolidation – unlimited
- Business purposes
- Payment of tax debt
- Defaults, judgements and writs up to $2,000 per incident incurred at any time
- Defaults, judgements and writs over $2,000 must be registered for 24 months
- Discharged from bankruptcy (1 day)
- No genuine savings required
- PAYG Permanent full time or part time – no minimum employment term (probation considered) with clear credit conduct
Just to make this product more ir-resi-stible they waive valuation fees up to $300, and under their current promotion, there is no risk fee up to 70%. Please see linked fact sheet for more information on this great product.
SLA’s are very important in delivering a great service to brokers and clients, they are pleased to announce that their credit team are still maintaining SLA’s of 1 day for Pre-assessment and 3 days for credit.
For more information, please contact your BDM or Broker Support.