Bad Credit Home Loans & Bad Credit Mortgages
Whether you have defaults or a judgment on your credit file or are an ex bankrupt, we can get you a loan for up to $2,000,000 at a low 7.85% pa.
Over the years we have built long-term relationships with specialist lenders who offer finance for the credit impaired or those with a bad credit history.
Whether you are looking to buy a new home or want to refinance your mortgage, we can help you.
You have a choice of two bad credit mortgage facilities designed for new home loans and mortgage refinance:
- at 7.85% pa for people with paid / unpaid defaults
(you must have no more than 2 defaults of up to $1,500 in total);
- at 9.84% pa for ex-bankrupts & people with unlimited defaults & judgments:
(you must be a discharged bankrupt).
In order to obtain a bad credit mortgage, you must:
- Prove your identity (100 point check)
- Have a deposit of 20% of the property value (doesn't apply to refinancing);
- Prove your income
- PAYG Applicants: 3-4 most recent pay slips, group certificate & bank account statements for the last 3 months;
- Self Employed Applicants: personal tax returns, company financials and Tax Assessment Notices (for the last 2 years);
Your mortgage security must be a residential property located in a major city or suburb.
Contact Us Today!
Everyone's circumstances are different, thus we won't ask you to fill in a complicated questionnaire.
Instead we invite you to request a phone call from us, so we can discuss your credit situation and determine the best solution to suit your needs.
Simply fill in the form on the right and we'll call you at your convenience.