Whether you have plans to buy a new home or refinance your existing mortgage, you want to find the perfect loan for your needs.
A mortgage is a long-term commitment so it should meet your needs with regards to the loan amount you are approved for, as well as having affordable monthly payments which are easy to manage.
If you have bad credit, it may be difficult to find such a home loan or even be approved for a mortgage at all. Many mainstream lenders in Australia only want to work with low-risk borrowers (people with a good credit history) and this may leave you scratching your head and wondering what you can do.
Positive Solutions Finance is the ideal resource to use for sourcing a bad credit home loan. We offer creative, practical solutions suited for bad credit borrowers like you.
Buying a house with a bad credit rating
At Positive Solutions Finance, we understand sometimes issues arise beyond your control making it hard for you to pay your bills. Serious illness, the loss of a close relative and unemployment can all affect your ability to earn which in turn can impact your credit rating.
Other people have a bad credit rating today due to some poor decisions they made in their younger years which are still affecting them today. Whatever circumstances you are facing, you can use our extensive network of bad credit home loan lenders to purchase your new home.
While mainstream lenders may not be interested in working with you, our Australian based bad credit lenders can provide you with the loan you need to purchase your home.
Refinancing with a bad credit home loan
Many homeowners want to refinance their home with specific goals in mind. For example, you may want to apply for a bad credit home loan in the hope of using it to consolidate your debts.
You might also be able to refinance your mortgage to reduce the payment and improve cash flow and improve your financial situation. All of these things are possible with a bad credit home loan.
At Positive Solutions Finance, we can assist in finding the perfect loan to help you to achieve the goals you have in mind.
Specialised lenders for bad credit home loans
Many mainstream lenders in Australia will not provide home loans to people with bad credit. Those who will may charge you an incredibly high interest rate and add special requirements to the loan which aren’t beneficial to you.
With our positive financing options designed for bad credit borrowers like you, you can easily find a loan to help to achieve your goals with a new home loan.
At Positive Solutions Finance, we offer you the solutions you need to achieve your goals. Simply contact us today for assistance and we can help you appy for a bad credit home loan.