Resimac Platinum - thoughts?

Discussion in 'Loans & Mortgage Brokers' started by Mogley, 6th Jun, 2017.

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  1. Mogley

    Mogley Member

    Joined:
    1st Jun, 2017
    Posts:
    18
    Location:
    Sydney
    Hi guys,

    Just about to take out a new IO OO loan with these guys suggested by my broker. The rate is very competitive ~3.9% and they seem open to doing IO in this environment.

    Does anyone have any experience with them?

    I've done a bit of a Google and it seems a lot of the reviews are from disgruntled borrowers who took out low-doc loans that went bad.
     
    Mogley, 6th Jun, 2017
    #1
  2. Richard Taylor

    Richard Taylor Well-Known Member

    Joined:
    20th Jun, 2015
    Posts:
    434
    Location:
    Brisbane
    There are a number of pluses with Resimac including their interest rates especially under 80%.

    We do a fair amount of business with them and whilst their servicing isn't the greatest service levels are pretty reasonable especially if you have a good BDM.

    Their Alt-Doc loan isn't bad but definitely go full doc if their is an option.
     
    Richard Taylor, 6th Jun, 2017
    #2
  3. grasshopper

    grasshopper Member

    Joined:
    11th Jun, 2017
    Posts:
    17
    Location:
    Sydney
    Hi, may I ask what do you mean by
    ?

    Thanks!
     
    grasshopper, 22nd Aug, 2017
    #3