Credit Impaired Loans and Non Conforming Loans
Do not let bad credit history stop you from getting a home loan
Credit impaired loans and non conforming loans are designed to assist those borrowers with a poor credit history, defaults or limited financials. By refinancing through a non conforming loans lender, you may be able to minimise your repayments, consolidate debt and eventually clean up your credit impaired loans rating. The level of credit impairment can range from arrears to bankruptcy with interest rates determined by level of credit impairment and loan security.
Can't get a home loan through a traditional lender?
Non conforming loans and credit impaired loans may also help those borrowers who are not actually credit impaired but earn unsubstantiated income or don't meet the traditional lending criteria set by the traditional lenders. It may also help those with limited financials (low doc home loan) or no financials (no doc loan) and interest rates can be very favourable for these types of home loan or business borrowers.
Is a low doc home loan or a no doc loan right for you?
If you feel that non conforming loans are relevant to your situation or would like to know more about how a low doc home loan or a no doc loan can help you buy a home or consolidate debt, please call us now on (08) 9456 3925 or fill in the form below and one of our finance brokers will be happy to call you back to discuss your situation and offer a free, no obligation quote.
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