Resi Essentials Update

03rd Dec, 2021 | Branch News 7 December 2021, Lender Updates

In this article:
Risk Fee Promotions have been extended and fast SLA’s.

Given the success of our current Risk Fee promotion  – we are pleased to announce the extension of the Essentials Near Prime and Essentials Prime Alt Doc Promotions for another month.

Applications can now be received up until the end of December and loans must settle on or before 28 February 2022.

ESSENTIALS NEAR PRIME

We are waiving the Risk Fee Up to a maximum LVR of 70%.

Rates commencing at 3.25% P&I Variable.

A minimum loan size of $250,000 is required.

ESSENTIALS ALT DOC PRIME

We are waiving the Risk Fee on the Essential Options Prime Alt Doc home loan, up to a maximum LVR of 60%.

Rates commencing at 2.99% P&I Variable. A minimum loan size of $250,000 is required.

There is no better time to take advantage of these promotions as our credit team are working hard to maintain our 1 day SLA for Pre-Credit Review and 3 day SLA for credit assessment.

Your client could have a formal approval before Christmas!

For more information, please contact your BDM or Broker Support.

*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.