Non conforming home loans for debt consolidation or purchase.
It doesn’t take much for you get a bad credit rating these days and that's why we have non conforming home loans, many lenders; telecommunication companies and creditors seem to go to litigation at the drop of a hat. Non conforming home loans can help. Bad credit causes many problems when it comes to wanting to borrow more money in the future, it place restrictions and limitations on your borrowing capacity and options. Bad credit home loans can help.
It's vital to keep your bad credit listings to a minimum as lenders do not tolerate many bad credit listings and Mortgage Insurers rarely accept people with bad credit, this is where a bad credit home loan can help you. If you have bad credit it's important that you don’t hide from it, as it doesn’t go away and if you only fix it up when you want more money the lenders will take this into account when they assess whether you are a good risk to them.
Every day people find themselves in financial hardship due to unfortunate circumstances outside of their control. Before long they fall behind on their house or car repayments, are unable to pay the credit card bills, or struggle with other commitments such as council or water rates. If this results in a writ or court judgment being filed against you the bad credit incident may be listed on your personal credit report. Have you thought 'nobody can help me’?
In most circumstances someone can help you. Whatever the situation, you need to find a brokers who are experts in assisting people with bad credit difficulties and we recognize that every situation is unique. This is where non conforming home loans can help you. Fortunately with bad credit become a regular part of Australia life there are more options available to you than ever before. So if you have bad credit call a broker now and they can assess your situation and see if we can help you get everything back on track. Even if you fit into one or more of the following categories we may be able to assist you with your mortgage:-
Less than perfect credit history
Rejected by mortgage insurers
Incomplete or no tax returns
Limited savings history
Existing loan arrears or defaults
Rejected by another lender
For more information please visit www.altrust.com.au