Debt Consolidation 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

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

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

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

Is debt consolidation a good or bad idea?

Is debt consolidation a good or bad idea? A debt consolidation loan involves rolling all of your current debts into one. this will be a useful strategy to scale back monthly fees and interest, but it should not be the most effective course of action in some cases. What is debt consolidation? Debt consolidation is the process of consolidating all of your existing debts (such as credit cards and private loans) into your home loan. When is debt consolidation [...]

Is debt consolidation a good or bad idea?Ray Ethell2023-06-30T11:46:03+10:00

Non Conforming Lenders for the out of the box home loans

Non Conforming Lenders for out of the box home loans in Australia to 95% LVR Non Conforming Lenders are making mortgages possible for those that have the chances stacked against them. With loan application rejections on the increase in Australia, there’s growing concern over how the method could affect Australians’ mental state. Of those who’ve experienced rejection when applying for a replacement mortgage, 31% claim they were left feeling depressed, in step with a survey by specialist mortgage broker [...]

Non Conforming Lenders for the out of the box home loansRay Ethell2023-06-30T12:06:57+10:00

How to get a Home Loan even if you don’t meet a Bank’s credit criteria

How to get a Home Loan to 95% LVR in Australia even if you don’t meet a Bank’s credit criteria With the memory of the recent financial crisis still fresh and the resulting credit tightening still in effect at most financial institutions many would-be homeowners are still standing on the sidelines assuming that credit is out of reach for them. That’s where Specialist Lenders come into play as these Funders cater for applicants that do not meet mainstream lenders’ [...]

How to get a Home Loan even if you don’t meet a Bank’s credit criteriaRay Ethell2023-06-30T12:13:16+10:00

How Non Conforming Lenders In Australia Can Help You Secure the Property of Your Dreams

How Non Conforming Lenders In Australia Can Help You Secure the Property of Your Dreams Securing a home loan can be incredibly difficult if you do not fit the lending criteria that is typically stipulated by banks and other lenders. A poor credit score or unstable financial history may lead traditional lenders to reject your application before even considering it. This can be extremely disheartening and unfair. Fortunately, there are non conforming lenders helping Australians to secure a home [...]

How Non Conforming Lenders In Australia Can Help You Secure the Property of Your DreamsRay Ethell2023-06-30T12:20:14+10:00

What is the difference between a conforming loan and a non conforming loan

Non Conforming Loan and a Bank Loan A conforming loan / Bank Loan is a loan which comes from a mainstream bank (like NAB, Westpac, Commbank or ANZ) or a prime lender which is based on standard banking rules and criteria. People who have a regular job, clean credit and can have their income validated via PAYG statements and payslips usually apply for conforming loans. For a Bank / Prime mortgage, you’ll generally need a minimum credit score of [...]

What is the difference between a conforming loan and a non conforming loanRay Ethell2024-05-04T11:30:38+10:00