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Money Magazine has announced in its flagship 'Best of the Best' awards edition that it has selected Rismark's Equity Finance Mortgage (EFM) as the 'Best New Product of 2008'. In the award summary, Money Magazine says: "Rismark's Equity Finance Mortgage is a welcome first for battlers wanting to jump into a home of their own. In partnership with Adelaide Bank (and now distributed through various mortgage managers and banks), Rismark gives home owners an opportunity to call on a 'silent partner' to help reduce the upfront and ongoing costs of buying a home. "An innovative product that addresses the issue of housing affordability" says Cannex." |
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Your Mortgage Magazine announced in its flagship Mortgage of the Year Competition edition that the “Best New Product of 2007” award went to Rismark's innovative new Equity Finance Mortgage (EFM): “The shared equity mortgage uses a unique partnership between an equity provider and a traditional lender to put together a previously unseen package for the borrower. The idea of a lender taking an equity stake in your home may seem bizarre, but it's allowing homebuyers to buy more expensive homes or re-mortgage their existing home at
a
lower level.” |
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Australian shared equity pioneer, Rismark International, has won a major industry award, with the Mortgage & Finance Association of Australia (MFAA) presenting the company with the “Non-Bank Lender or Mortgage Manager of the Year – 2008” award in the MFAA’s annual 2008 Excellence Awards. Announced at the MFAA gala dinner on the 29th of February 2008 in Melbourne, the MFAA recognised Rismark’s “outstanding overall achievement” in establishing itself as a leading non-bank operation and launching a multi award-winning, revolutionary shared equity mortgage product that has no ongoing interest rate. Managing Director of Rismark, Mr Christoper Joye, said “As the pioneer of shared equity opportunities in Australia we are delighted to be recognised by the MFAA as Non-Bank Lender or Mortgage Manager of the Year in 2008”. |
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Australian Banking & Finance Magazine has announced that it selected Rismark International as the “Best New Financial Start-Up of 2007”. They commented: “In January 2007, Rismark launched Australia’s first private sector “shared equity mortgage” in conjunction with Adelaide Bank…Hundreds of families have now taken up Rismark’s EFM throughout every mainland capital city in Australia to either purchase a 25% better property located in a more attractive area, or to reduce their monthly mortgage repayments by up to 30% or more. |
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