RESIMAC Direct obtains funding for its home loans from RESIMAC Home Loans who is an established non-bank lender focused on providing a broad range of home loan solutions for New Zealand borrowers at competitively low interest rates. RESIMAC Direct provides solutions to borrowers who may have had issues getting their mortgage lending through mainstream lenders, for a range of reasons; for short term employment, self-employed with full financial accounts not available, investment purchases with low equity or borrowers who have a life event that has resulted in bad credit, defaults, poor account conduct or even bankruptcy.
RESIMAC is an established Non-Bank Lender funding mortgages since 2011 in New Zealand with the support and backing of its parent company in Australia, RESIMAC Limited who has been successfully operating in the Australian market for over 30 years. Established in 1985, RESIMAC began under the name FANMAC, and was first created to service and securitise residential loans for HomeFund, a New South Wales State Government housing programme
RESIMAC evolved to become a leading Non-Bank Lender providing many New Zealand and Australian borrowers with a compelling lending alternative to the banking sector with broad product features and competitive interest rates.
RESIMAC is the pioneer of Australian Residential Mortgage Backed Securities (RMBS), being the first issuer in 1988. Since then it has issued more than A$19bn through 36 domestic and international RMBS issues, demonstrating its enduring presence as a leading non-bank issuer in New Zealand and Australia.
Quality Assured; RESIMAC Home Loans is a committed responsible lender who comply to obligations to our customers under the Credit Contracts and Consumer Finance Act 2003 and we're a member of the Professional Advisers Association.
For more information about RESIMAC visit www.resimac.co.nz.