Bad Credit Home Loans | Non Conforming Loans

A Guide to Non Conforming Lenders for “Out of the Box” Lending Scenarios

Non Conforming Lenders There are many reasons why people get turned down for a home loan by mainstream lenders/credit providers. You may not realise that one of the most common reasons is paying a bill late or defaulting on a loan repayment. Other reasons include having a part 9 debt agreement against you, a bankruptcy, a default on a credit card or a loan or having court judgements against you. Don't despair as non conforming home loans can give [...]

A Guide to Non Conforming Lenders for “Out of the Box” Lending ScenariosRay Ethell2023-06-29T11:42:26+10:00

Home Loans after Bankruptcy

Home Loans after Bankruptcy in Australia? If you are a discharged bankrupt who is now looking to get home loans after Bankruptcy or considering refinancing your mortgage, you will experience that most mainstream lenders/credit providers choose not to offer loans to discharged bankrupts. While it is challenging as a discharged bankrupt to get a home loan, it is still very much possible because there are Non Conforming Lenders / credit providers that specialise in Home Loans for Discharged Bankrupts. [...]

Home Loans after BankruptcyRay Ethell2023-06-29T11:57:10+10:00

Consolidating Your Debts is a Solution to Multiple Debt Problems

Consolidating Your Debts is A Solution for Multiple Debt Problems Are your debts getting out of control? Are you unable to manage your multiple debts? If your debt is giving you sleepless nights, it is important to seek help quickly. Remember, ignoring your debts won't make them go away. It will only make things worse. If you are in debt, here is a list of questions you should ask yourself: Question 1 Are you finding it difficult to meet [...]

Consolidating Your Debts is a Solution to Multiple Debt ProblemsRay Ethell2023-06-29T12:05:31+10:00

Home Loans after Bankruptcy

Getting a Home Loan after Bankruptcy If you filed for bankruptcy, because, you were advised to do so by a business person such as a solicitor, you may have realised that getting a home loan after bankruptcy can be difficult: Bankruptcy can stay on your credit file for up to 5 years; and Bankruptcy can come back to haunt you when you are trying to get a home loan or refinance your existing loan from one of the major [...]

Home Loans after BankruptcyRay Ethell2023-06-30T10:23:24+10:00

Home Loans for Bad Credit in Australia

Home Loans Bad Credit There are numerous reasons why people get turned down for a home loan by mainstream lenders credit providers. You may not realise that one of the most common reasons is paying a bill late or defaulting on a loan prepayment. Other reasons include having a part 9 debt agreement against you, a bankruptcy listing, a late repayment on a credit card or a loan or having court judgement's against you. Do not dispair as non [...]

Home Loans for Bad Credit in AustraliaRay Ethell2023-06-30T10:33:11+10:00

Home Loans for Ex Bankrupts

Home Loans for Ex Bankrupts At a time in your life for a whole variety of reasons, we may find ourselves overwhelmed by debt. When that happens bankruptcy can feel like a way out of a stressful position and can cause future financial issues. So what are the rules around getting a home loan after bankruptcy? Here’s what you need to know. What is Bankruptcy? Bankruptcy is a legal process that basically means declaring you can’t pay your debts. [...]

Home Loans for Ex BankruptsRay Ethell2023-06-30T10:44:24+10:00

Debt Consolidation Loans for Bad Credit

Debt Consolidation Loans for Bad Credit Debt Consolidation Loans for bad credit are a debt reduction strategy that allows you to combine multiple debts into a single payment. Having one account can be easier to manage and making only one repayment could help you lower your monthly repayments. One of the most common ways to consolidate debt is to take out a debt consolidation loan — a particular loan used to pay off multiple creditors. Although it may be [...]

Debt Consolidation Loans for Bad CreditRay Ethell2023-06-30T11:03:34+10:00

What are Home Loans for Bad Credit?

Home Loans for Bad Credit Home Loans for Bad Credit are home loans that are specifically geared towards people with ‘ poor credit black marks ’ on their credit history such as paid or unpaid defaults, judgement's, arrears or discharged from bankruptcy. It's similar to a standard home loan in the sense that you'll generally need to save up for a deposit and similar documentation is required. However they may come with higher interest rates than loans offered by [...]

What are Home Loans for Bad Credit?Ray Ethell2023-06-30T10:51:52+10:00

Refinancing your home loan to consolidate debt

Refinancing your home loan to consolidate debt Here’s everything you need to know about refinancing your home loan to consolidate your debts into your home loan. How do you start your refinancing trip? Before making an application to refinance, consider your current financial situation along with your current level of monthly repayments to establish if there is a benefit in you consolidating this debt. In other words will you save on monthly out goings and repayments by consolidating this [...]

Refinancing your home loan to consolidate debtRay Ethell2023-06-30T11:12:23+10:00

What is a Non Conforming Home Loan?

What is a Non Conforming Home Loan? A non conforming home loan is a home loan offered to borrowers who don’t meet the standard lending criteria set by banks and other major lenders. as an example if you've got a poor credit record, a past history of bankruptcy, or difficulty proving your income because you’re self-employed. If that sounds familiar, you’re in no way alone. Specialist lender Non Conforming Loans has estimated one in five people will require a [...]

What is a Non Conforming Home Loan?Ray Ethell2023-06-30T11:30:37+10:00