RESIMAC offering to refund first month of loan P&I

RESIMAC general manager mortgages, Adrienne Church said the deal highlights the company's commitment to providing options for those who fall outside of increasingly ‘vanilla’ mainstream lending criteria.

“We see it everyday; people who are not catered for by the banks but who are, nevertheless, good borrowers committed to moving forward. Home buyers – and mortgage advisers – need to know that there are options available,” Church says.

“The role of home ownership is enormous. As a non-bank lender, we’ve kept pace with changing borrower profiles and offer solutions for those who would otherwise be locked out of the market.”

The first mortgage repayment refund will apply to Specialist and Low Doc home loans, and will ease the initial costs of home ownership, for example valuation and solicitor fees.