Bad Credit Home Loans

Credit impaired, Non standard income. Historical debt? Life happens.

Bad Credit Home Loans

Our market-leading selection of bad credit home loans are individually tailored to assist borrowers that do not fit traditional lenders’ credit policies.

Adverse credit listings including; defaults, judgments, Part IX, Part X or discharged bankruptcy, or external company administration are all elements that contribute to what is commonly referred to as bad credit.

If your credit history is not ‘clear’ i.e. you have one or more credit defaults, judgments or bankruptcy history on your credit report, our national network of experienced brokers have access to an array of bad credit mortgage products, that can really can make all the difference.

We have helped hundreds of Australian borrowers obtain home and investment loans where other lenders have said ‘no’. Request below your personal finance consultation today and receive an individual assessment.

Finance Consultation

Talk to a specialist lending manager today.

Our national network of brokers are qualified and experienced in structuring and advising on the most suitable mortgage finance for your unique situation and needs.

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Please Note: Minimum mortgage loan $250,000. Personal loans are not available.

By requesting a finance consultation you consent to receiving occasional information from us in accordance with our privacy policy.

Bad Credit Home Loan Benefits

Here are some of the benefits of our popular bad credit mortgage products tailored to your unique situation and credit history.

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Paid or unpaid defaults, judgments
No mortgage insurance
No credit scoring
Centrelink income acceptable

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Discharged Bankrupts > 1 day
Part IX or Part X agreements
Flexible cash out options
Rental income acceptable

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Declined by another lender
Payout of business/tax debts
Late payments considered
Bonus, commission and overtime income considered

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Individually tailored solutions
Qualified & experienced lending managers
Competitive rates and flexible products
PAYG & self employed income options

Bad Credit Loan Features

Our highly popular bad credit loan products come with flexible features and competitive rates tailored to your unique situation and credit history.

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Purchase up to 95%
Refinance up to 90%
Full doc and low doc options
Unlimited debt consolidation
All paid or unpaid defaults or judgments
Individuals, companies & trusts

No mortgage insurance
No credit scoring
Flexible cashout options
Discharged bankrupts
100% offset options
Redraw access

Note: All applications are subject to normal credit assessment and loan suitability criteria. Terms and conditions, fees and charges apply. Minimum loan advance is $250,000.

Are you eligible for a bad credit mortgage?

In addition to your income, eligibility for a bad credit mortgage also considers your contribution to, or existing equity in your security property. This determines the transactions loan to value ratio (LVR) and often has an influence on the interest rate.

Our bad credit mortgages are suitable for borrowers with a large range of issues from unpaid defaults to bankruptcy history.

Deposit/Equity – Generally, the greater your deposit or equity, the lower the risk of the transaction and therefore the more cost effective the finance.

If Purchasing – you will usually require a minimum deposit of 10% plus transaction costs (stamp duty, fees & charges)

If Refinancing – you will need at least 10% equity in your property.

Credit Score – Don’t be concerned about your credit score, our bad credit mortgages aren’t mortgage insured and we don’t credit score.

Interest Rates – What rate will I likely get? Generally the smaller the deposit or equity position you have, the higher the interest rate applicable.

Credit Report – You should always obtain your credit report before applying for finance and then book a consultation with one of our specialist lending managers.

Finance Offer – Our lending specialists can review your report and provide you with a personalised finance offer tailored to your unique situation.