Non Conforming Loans
Bad credit history? We can help. Speak with us today.
Non Conforming Loans are loans offered by specialist lenders where borrowers do not meet the normal lending criteria, including people with a bad credit history, perhaps with a history of late repayments, loan default or possibly even formerly bankrupt; new migrants with no borrowing record; seasonal, casual or self-employed workers.
Typically, people with a bad credit history have been involved in an unfortunate event such as a marriage breakup, a business failure, a protracted legal dispute etc. They will usually be looking to put their unfortunate event behind them and move on. A specialist lender providing these products can typically give these people a chance to prove their repayment ability and move back to more mainstream lenders.
Loan Features
- Opportunity to demonstrate successful loan repayment and improve credit rating.
- Flexible approach to finding a loan solution.
- May be able to assist even if you have been bankrupt or have an adverse credit history.
- Non Conforming Loans can be used for a range of reasons including debt consolidation, buying a property, or investing.
- Can apply with less than 12 months financials.
- Variable and Fixed interest products available.
- Line of Credit available.
- Some lenders offer the convenience of internet and telephone banking.
- Redraw may be available on Variable rate loans.
To find the right loan solution for you, please feel free to ring one of our Loan Experts on (08) 9381 8311, or email us and we will arrange for one of our team to speak with you in person.