Bad Credit Home Loans

The housing market in Australia is going through a difficult period. The combination of high mortgage rates and stricter lending standards have made the market almost unaccessible for first-time buyers. In addition, the lack of supply has made it even more challenging for would-be homebuyers to get into the real estate market. The prices of houses across most major cities in Australia have fallen over the last 6 months, and there are no signs that this trend will reverse anytime [...]

Bad credit loans for homes to 95% LVR in Australia Life happens. Financial setbacks in the past shouldn’t necessarily preclude customers from seeking finance now. There are a number of non conforming lenders that welcome borrowers who have adverse credit events (any single event that caused an adverse credit bureau listing or listings), mortgage arrears or have been declared bankrupt. If circumstances for these customers have changed, they’re on the road to recovery and they have capacity to make [...]

How Is Credit Score Calculated? Your credit score is calculated by Equifax based on the information filed in your credit report at a specific point in time. There are several important contributing factors that are considered in calculating your credit score. This includes the type of credit provider, the type and size of credit requested in your application, the number of credit enquiries and shopping patterns, directorship and proprietorship information, age of credit report, pattern of credit enquiries over [...]