How to secure your first home with a bad credit mortgage

A bad credit mortgage can be a lifeline for those wishing to fulfil the Australian dream and purchase their first home. Depending on the reasons behind a bad credit rating, securing finance for your home doesn’t have to be impossible. Redrock offers bad credit mortgages for those that don’t fit the traditional lender’s criteria. What do […]

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How is Australia’s property market impacting bad credit home loans?

When bad luck comes knocking at your door, and you miss a few debt repayments, your credit score can take a hit. All of a sudden, securing a home loan becomes that much more difficult. A bad credit home loan could be the lifeline you’ve been looking for. It’s not just your own financial circumstances that impact […]

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Can you get a low doc loan with a bad credit score?

Low documentation (low doc) loans are financial products for self-employed people that lack the traditional documentation needed to obtain a home loan. Fortunately, you can get a low doc loan with a bad credit score, but there are some crucial steps you will need to take. First, if you don’t know your credit score, you should […]

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Is property investment possible with a bad credit home loan?

When you’re unable to secure a home loan for an investment property through traditional means, it can seem like the opportunity’s out of reach. However, this doesn’t have to be the case. With a bad credit home loan from Redrock, you may be able to make that jump onto the first rung of the investment […]

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How to find the right loan when you’re self-employed

Getting finance when you’re self-employed can be a little more difficult than when you’re an employee. If you have the proper documentation, you will be able to apply for loans like any other person. But even if you don’t have these documents, it’s not the end of the world, as you can still get finance […]

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4 affordable suburbs in which to invest your bad credit home loan

With property prices in Australia’s capital cities and larger metropolitan areas continuously growing, more and more first home buyers are looking to buy outside of these areas. If you have a less than perfect credit score yet are hoping to take your first step onto the property ladder in 2017, here are few affordable and […]

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How to make sure you buy a sound property with your low doc loan

Are you thinking about making a property investment with a low doc loan? Home ownership is a big step, and when you begin to view potential houses there are few things to look out for. Keeping an eye out for these telltale signs of future problems is good way to ensure you make the most […]

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What restrictions are in place for SMSF loans?

Considering a self managed super fund loan? There are all sorts of benefits – but what exactly can you do with an SMSF, and what are the limitations to making a property investment of this type? Can I build a property with my SMSF loan? Unfortunately, an SMSF loan cannot be used to fund a […]

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How and why you should obtain your credit report for your bad credit loan

Before you start the application process for your bad credit mortgage, it’s important to obtain a copy of your credit report. Knowing exactly why you might have been declined in previous applications is essential in moving forward with your bad credit home loan. How will your credit history affect your bad credit loan? Have you […]

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3 low doc loan myths you need to forget

Is the information age leading you astray? With so much data and op-ed pieces around on the home loan market, it’s easy to start believing alleged facts about mortgages that just aren’t true. Today, we’re going to take you through some of these which can help you as you seek out a low-doc home loan. […]

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