Non Conforming Loans: Low Doc & Bad Credit Home Loans Australia
Non Conforming Loans have Solutions for borrowers that don't fit traditional lending criteria.
Bad credit history home loans – for borrowers who have a bad credit history with paid or unpaid defaults or judgements or discharged from bankruptcy. Generally these applicants have experienced a 'life event' such as a marriage breakdown, illness or a business failure and are considered high risk by most lenders even if they have overcome the event that caused the bad credit.
• Low Doc Home Loans – for Self borrowers with irregular income, such as Contractors or Self Employed without lodged Tax Returns who may not fit the criteria of mainstream lenders.
• Near Prime Loans – these borrowers may require cash out to pay tax debt or consolidate unsecured loans such as credit cards, personal or car loans or business debts and can be rejected by prime lenders.
• Non Conforming Home Loans – Most Banks and Mortgage Insurers have adopted statistics-based credit assessment models that do not offer the flexibility that non conforming lenders can provide.
To learn more visit Non Conforming Loans Australia website or call 1300 791 329 to speak with a specialist mortgage broker.
1300 791 329
Australia (Narrabeen) based business providing a range of lending services. Website includes details of services provided, work examples, accreditations and certifications gained, associations belonged to, FAQs, blog, full contact details.
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118 Ocean Street
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