In this article:
Resi Essentials Near Prime Investment rates reduced. P&I rates now starting at 3.35%.
As part of RESI’s “Spring Promotion” – we continue to enhance the products and 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%.