Bad Credit Loans can help people who have been refused by traditional lenders by finding the right lender for their customers. These lenders may be able to provide some of the following benefits over traditional lenders:
- The ability to apply with less than 12 months financials.
- Consideration of applications from people with both good and bad credit ratings.
- Help you consolidate your debts into your mortgage to reduce monthly repayments.
- Competitive variable and fixed interest rates, with a 1% to 2% discount on some loans.
- The ability to step down to a lower variable rate.
- Redraw facilities on variable rate loans.
- Higher lending limits of up to $5 million per customer.
- The freedom to get cash out for any reason.
- Lenders may not have to pay Lender’s Mortgage Insurance premiums thereby saving you money.
- You may be able to borrow up to 95% of your home’s value.
- Line of Credit facility available. – Internet and telephone banking services.
The first step to a better understanding of your financial situation is to apply for a free credit analysis report, or please contact us for more information.
