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Resimac
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.
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Resimac home loan repayment calculator
Your estimated mortgage repayments
at interest rate 5.00%
Total interest payable
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Total loan repayments
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Pros and cons
- Large variety of home loans
- Loans can accommodate borrowers with small deposits
- Competitive interest rates
- Loans are open to a wide range of borrowers
- Limited branch network
- Some products include ongoing fees
Resimac home loans rates
Product | Advertised Rate 2.59% Variable | Total estimated upfront fees | Comparison Rate* 2.63% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 2.29% Variable | Total estimated upfront fees | Comparison Rate* 2.66% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 2.79% Variable | Total estimated upfront fees | Comparison Rate* 2.70% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 2.69% Variable | Total estimated upfront fees | Comparison Rate* 2.73% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 2.39% Variable | Total estimated upfront fees | Comparison Rate* 2.76% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 2.69% Variable | Total estimated upfront fees | Comparison Rate* 2.76% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 2.89% Variable | Total estimated upfront fees | Comparison Rate* 2.80% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 2.79% Variable | Total estimated upfront fees | Comparison Rate* 2.86% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 2.84% Variable | Total estimated upfront fees | Comparison Rate* 2.88% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 2.54% Variable | Total estimated upfront fees | Comparison Rate* 2.94% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 3.04% Variable | Total estimated upfront fees | Comparison Rate* 2.95% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 2.94% Variable | Total estimated upfront fees | Comparison Rate* 2.98% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 2.94% Variable | Total estimated upfront fees | Comparison Rate* 3.01% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 2.64% Variable | Total estimated upfront fees | Comparison Rate* 3.04% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 3.14% Variable | Total estimated upfront fees | Comparison Rate* 3.05% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 3.04% Variable | Total estimated upfront fees | Comparison Rate* 3.11% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 3.09% Variable | Total estimated upfront fees | Comparison Rate* 3.13% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 3.29% Variable | Total estimated upfront fees | Comparison Rate* 3.33% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 3.34% Variable | Total estimated upfront fees | Comparison Rate* 3.38% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 3.06% Variable | Total estimated upfront fees | Comparison Rate* 3.41% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 3.49% Variable | Total estimated upfront fees | Comparison Rate* 3.43% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 3.47% Variable | Total estimated upfront fees | Comparison Rate* 3.51% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 3.62% Variable | Total estimated upfront fees | Comparison Rate* 3.56% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 4.36% Fixed - 3 years | Total estimated upfront fees | Comparison Rate* 3.56% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 4.51% Fixed - 3 years | Total estimated upfront fees | Comparison Rate* 3.56% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 3.54% Variable | Total estimated upfront fees | Comparison Rate* 3.58% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 3.26% Variable | Total estimated upfront fees | Comparison Rate* 3.61% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 3.69% Variable | Total estimated upfront fees | Comparison Rate* 3.63% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 3.31% Variable | Total estimated upfront fees | Comparison Rate* 3.66% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 3.46% Variable | Total estimated upfront fees | Comparison Rate* 3.68% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 3.74% Variable | Total estimated upfront fees | Comparison Rate* 3.78% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 3.77% Variable | Total estimated upfront fees | Comparison Rate* 3.81% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 4.66% Fixed - 3 years | Total estimated upfront fees | Comparison Rate* 3.82% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 4.81% Fixed - 3 years | Total estimated upfront fees | Comparison Rate* 3.83% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 3.51% Variable | Total estimated upfront fees | Comparison Rate* 3.85% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 3.92% Variable | Total estimated upfront fees | Comparison Rate* 3.86% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 3.66% Variable | Total estimated upfront fees | Comparison Rate* 3.87% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 4.56% Fixed - 3 years | Total estimated upfront fees | Comparison Rate* 3.88% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 3.87% Variable | Total estimated upfront fees | Comparison Rate* 3.91% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 4.02% Variable | Total estimated upfront fees | Comparison Rate* 3.96% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 4.76% Fixed - 3 years | Total estimated upfront fees | Comparison Rate* 4.08% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 4.86% Fixed - 3 years | Total estimated upfront fees | Comparison Rate* 4.14% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 5.01% Fixed - 3 years | Total estimated upfront fees | Comparison Rate* 4.15% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 4.17% Variable | Total estimated upfront fees | Comparison Rate* 4.20% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 4.32% Variable | Total estimated upfront fees | Comparison Rate* 4.26% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 5.06% Fixed - 3 years | Total estimated upfront fees | Comparison Rate* 4.34% | Ongoing fee | Go to site | Company | More details |
Product | Advertised Rate 5.21% Fixed - 3 years | Total estimated upfront fees | Comparison Rate* 4.35% | Ongoing fee | Go to site | Company | More details |
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
- 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.
Learn more about home loans
Can I take a personal loan after a home loan?
Are you struggling to pay the deposit for your dream home? A personal loan can help you pay the deposit. The question that may arise in your mind is can I take a home loan after a personal loan, or can you take a personal loan at the same time as a home loan, as it is. The answer is that, yes, provided you can meet the general eligibility criteria for both a personal loan and a home loan, your application should be approved. Those eligibility criteria may include:
- Higher-income to show repayment capability for both the loans
- Clear credit history with no delays in bill payments or defaults on debts
- Zero or minimal current outstanding debt
- Some amount of savings
- Proven rent history will be positively perceived by the lenders
A personal loan after or during a home loan may impact serviceability, however, as the numbers can seriously add up. Every loan you avail of increases your monthly installments and the amount you use to repay the personal loan will be considered to lower the money available for the repayment of your home loan.
As to whether you can get a personal loan after your home loan, the answer is a very likely "yes", though it does come with a caveat: as long as you can show sufficient income to repay both the loans on time, you should be able to get that personal loan approved. A personal loan can also help to improve your credit score showing financial discipline and responsibility, which may benefit you with more favorable terms for your home loan.
How to apply for a pre-approval home loan from Bendigo Bank?
Applying for pre-approval on your home loan gives you confidence in your ability to secure finance while looking at potential new homes. You can get a free and personalised pre-approval home loan from Bendigo Bank in just a few minutes, without any credit checks or paperwork.
Bendigo Bank offers pre-approval for home loans that allow you to understand the home loan size you may be able to get before looking for a new home.
With the pre-approval, Bendigo Bank provides an estimate of your borrowing power. This figure incorporates stamp duty, lenders mortgage insurance (LMI) and any first home buyer incentives you may be eligible for. You may also qualify for the First Home Loan Deposit Scheme initiative, depending on your circumstances.
To apply for a pre-approval on your home loan from Bendigo Bank, all you need to do is fill in a smart form. You could also contact the bank directly on 1300 236 344.
How to apply for a home loan pre-approval from St. George?
By applying for a home loan pre-approval, you can establish how much you can afford to borrow and look for houses within that pre-approved budget. Getting home loan pre-approval from St. George is a fairly simple process that can be completed within 15 minutes.
The first step in this process is completing a home loan application. Once that application is submitted, a home loan expert from St. George will contact you to understand your requirements and your current financial position. You could also directly contact a home loan expert at the bank by calling 13 33 30 or by visiting your nearest branch.
Once the application has been processed, the home loan expert will ask for some basic documentation to confirm your borrowing capacity. After this, you should be issued a home loan pre-approval, subject to certain conditions.
Based on your home loan pre-approval from St. George, you can then find a property and make an offer. Your home loan expert will arrange to have the property valued and may request for more documentation, taking your home loan application to the next step.
Can I get a NAB home loan on casual employment?