Login
ISCOVER
Australian Capital Group has added Resimac to its three-lender funding panel.
It will now offer products from the non-bank lender via its Nationalcorp Home Loans and Australian Capital Home Loans businesses.
To continue reading the rest of this article, please log in.
Looking for more benefits? Become a Premium Member.
Create free account to get unlimited news articles and more!
Looking for more benefits? Become a Premium Member.
Australian Capital Group is already a mortgage manager for Adelaide Bank and ING Bank.
Chief executive Barry Parker said Resimac offered impressive rates on low-doc loans.
Resimac can also provide in-house approval for lender's mortgage insurance on loans with a loan-to-valuation ration of up to 90 per cent, he added.
Mr Parker said the Resimac deal would result in cheaper rates. “We have a term loan and a line of credit from 5.02 per cent,” he said.
Australian Capital Group manages more than $1 billion of loans, according to its website.
