Resi’s Low Alt Doc Rates

17th Jan, 2022 | Branch News 18th Jan 2022

In this article:
Risk Fee Promotions have been extended and Alt Doc Rates have been reduced.

Resi is 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 February and loans must settle on or before 30 April 2022.


  • We are waiving the Risk Fee Up to a maximum LVR of 70%.
  • Rates commencing at 3.25% P&I Variable.
  • Minimum loan size of $250,000 is required.


  • We are waiving the Risk Fee on the Essential Options Prime Alt Doc home loan, up to a maximum LVR of 60%.
  • The risk fee for LVR’s over 60% has been slashed to 0.25%. A saving of 0.25%
  • Rates commencing at 2.99% P&I Variable.

Under Resi Essentials Prime Alt Doc we have reduced our rates to the following:

Essentials Prime Alt Doc OO P&I

  • 60.01% – 80% – reduced to 2.99% (from 3.60%). Comparison Rate of 3.05%

Essentials Prime Alt Doc INV P&I

  • 60.01% – 80% – reduced to 3.25% (from 3.75%). Comparison Rate of 3.31%

Essentials Prime Alt Doc INV IO

  • 0% – 60% – reduced to 3.25% (from 3.50%). Comparison Rate of 3.31%
  • 60.01% – 80% – reduced to 3.35% (from 3.95%). Comparison Rate of 3.41%

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.