Get Your Credit Score Up As High As You Can When lenders begin the process of determining whether or not they will give you a loan, they will first do an analysis of your credit score. Part of this analysis is to run a credit history report. Even if you already own a home and think you no longer need to worry about your credit, there may come a time when you need to refinance your current loan for [...]
Can I Still get a Home Loan in Australia with a Bad Credit History? When applying for a home loan, your credit history is one of the most important parameters that lenders take into serious consideration. Low credit score or a bad credit history dotted with payment defaults and other financial troubles can often make it difficult for you to qualify for a traditional mortgage. But, that’s only half of the story. The good news is that despite having [...]
Debt Consolidation into a Home Loan with Bad Credit Debt consolidation can be a lifeline for individuals drowning in a sea of debt, but for those with bad credit. The prospect may seem daunting or even impossible. The good news is that it’s not. While having bad credit can make the process a bit more challenging, debt consolidation with bad credit is still a viable option to help regain control of your finances and work towards a debt-free future. [...]
Bad Credit Home Loan Refinance There are many bad credit home loan refinance products for borrowers who experience financial difficulties. However, refinancing may not always be a recommended option because of the rates involved. If you are having difficulties making your mortgage repayment because of the high costs, you may have another option to take. Furthermore, you may consider refinancing your loan. However, if you have paid or unpaid defaults, writs, judgement's or a bad credit score, is it [...]
Getting a Bad Credit Mortgage Refinance Loan There is indeed a growing industry for lenders that provide various bad credit mortgage refinance loan products. You could take advantage of the proliferation of such loans if you have a bad credit profile or a low credit score and you direly need to refinance your existing mortgage. It is very unfortunate that bad credit has become a pressing and widespread problem among many people. The upside of this is that there [...]
Are Commercial Low Doc Loans to 80% LVR available in Australia? Yes, Commercial Low Doc Loans are available in Australia to 80% LVR in high population areas to those applicants that have a clean credit file. If credit Impaired the limit is 75% LVR and are only available in Capital Cities or cat 1 locations in Australia. When purchasing a retail location or using it for your own business commercial properties can still produce short or long term profits [...]
Can I rely on the accuracy of a How Much Can I Borrow Loan Calculator? My friend was looking at refinancing her mortgage in Australia but was unsure as to the long-term benefits of such a move. She had heard about a loan calculator that could compare products and wanted to run her own scenario. We tracked down one loan calculator but this was a simple how much can I borrow calculator. With these questions in mind it is [...]
Non Conforming Home Loans and Mortgages in Australia Non conforming home loans are basically defined as finance for those people who may be in unusual situations with how their income is paid or how they wish to finance their home loan or mortgage. Non conforming home loan borrowers are also people who may have been previously rejected for a home loan for a number of reasons such as bad credit history, bankruptcy or unusual incomes (more information on non [...]
How to get a Bad Credit Mortgage in Australia There are ways on how you could protect your interests when getting a bad credit mortgage loan. Having bad credit does not mean you are left with no choice but to stick with inferior credit products. There is a viable option to take if you find it hard to repay your mortgage payment obligations and you do not want to fall into a default. You could take a bad credit [...]
Bad Credit Refinance Loans Bad Credit Refinance: Borrowers of bad credit refinance loans are given two options to access their loan amounts. They could get either a credit facility or a cash out of the full borrowed amount. Many people are suffering from financial distress. The situation could be worse if you have a current mortgage and you are finding it much harder, if not impossible, to pay regular amortizations. Bad credit refinance is among the best ways to [...]