Home Loans for Discharged Bankrupts

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. [...]

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 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. [...]

Getting a home loan after bankruptcy in Australia to 95% LVR Having a bad credit history such as being a discharged Bankrupt or Part 9 when applying for a home loan doesn't always disqualify you for a mortgage. What it does mean is that the borrower will require a Non-conforming lender which may incure higher interest rates and costs. When someone files for bankruptcy, he or she is identified as an 'undischarged bankrupt', which confirms they are still within [...]