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Resimac home loans

Resimac is a non-bank lender that’s been operating since 1985. In 2016, the business merged with specialised Australian mortgage provider, Homeloans.com.au.

Resimac is an ASX-listed lender that focuses on providing a broad range of home loans, an exclusive customer benefits program, and a network of over 12,000 broker partners.

Resimac doesn’t have traditional branches, but has a number of satellite sales offices nationwide. Resimac is also a Carbon Conscious lender and plants a tree for every settled home loan.

Mark Bristow
Mark Bristow

Personal Finance Editor

Content updated

Product data updated

Why choose Resimac

Benefits

  • Large variety of home loans
  • Loans can accommodate borrowers with small deposits
  • Competitive interest rates
  • Loans are open to a wide range of borrowers

Drawbacks

  • Limited branch network
  • Some products include ongoing fees

Resimac Home Loans

Home Loans calculator

Use our home loan calculator to see how much you’d have to repay under different borrowing scenarios.

Contact a mortgage broker

Resimac home loans are available through brokers who can help find the right loan and manage your application at no charge.

broker profile picture

Arnab Baral

VIC3030
Australian Credit Licence: 384324
4.9
162 Google reviews

Get expert advice from a home loans specialist.

Arnab Baral is a distinguished Mortgage Broker at Cinch Loans, proudly serving the community across Australia. With a we...

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broker profile picture

Aileen Ho

NSW2000
Customer Representative Number: 392035
5.0
136 Google reviews

Get expert advice from a home loans specialist.

Aileen has over 10 years of banking experience across the two major banks, Westpac and ANZ and as a Mortgage Broker sinc...

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broker profile picture

John Fulford

NSW2292
Customer Representative Number: 515694
5.0
6 Google reviews

Get expert advice from a home loans specialist.

John enjoy’s helping people achieve their goals and has a passion for property. For 6 years now at Newcastle Finance Br...

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Resimac customer service

Resimac home loan customers can contact customer support through the contact centre, email or the online enquiry form. For loan application enquiries, Resimac can put you in touch with a local mobile loans consultant.

  • Customer service centre (phone)
  • Online banking
  • Email
  • Branch
  • Mobile banking staff

How to apply for a Resimac home loan

Borrowers wanting to apply for a Resimac home loan can either complete a secure online loan application form, download an application form to print, or call through to the contact centre for more support. 

Before applying for a Resimac home loan, calculate what you can afford to borrow and what other costs you need to consider.

To apply for a Resimac home loan, you will need to supply the following:

  • Proof of identity e.g. driver’s license
  • Proof of income e.g. last two payslips, or last two , tax returns if you’re self-employed
  • Three months of savings history, credit card statements and bank account statements

Resimac home loans review

Because Resimac doesn’t operate traditional bank branches, potential customers will need to contact Resimac directly or go through a broker to apply for a home loan or manage their mortgage.

Resimac offers home loans for owner occupiers and investors. Alt Doc home loans are also available for non-traditional borrowers, such as self-employed Australians and credit-impaired borrowers. You’ll have the option of making principal and interest or interest-only repayments with a Resimac home loan. Resimac’s interest rates tend to be lowest for owner occupiers paying principal and interest, with a low LVR.

It’s possible to borrow up to 95% of the property’s value with a Resimac home loan, though you may need to pay LMI. Borrowers with small deposits may be able to apply for a Resimac home loan with help from a guarantor to secure their loan with the value of their own property.

Some Resimac home loans are available with no annual fee, though you may have the option to pay an annual fee in exchange for a lower interest rate.

Offset accounts and redraw facilities are available with some Resimac home loan options.

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^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, target market determination fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.