NON-CONFORMING HOME LOANS
At Assured, we understand that more than 10% of the population have had credit problems in the past or may be currently experiencing them. In most cases, traditional lenders will refuse any additional finance in this scenario.
Non-conforming lenders will exceed boundaries which other lenders will not consider. Assured Home Loans recognise that people can find themselves in situations where their credit history is effected due to;
- Marriage break-up
- Injury preventing them from working
- Over exposure to debt
- Spiralling costs of living
- Bad credit management
- Discharged Bankrupt
- Unlimited Debt Consolidation
- Repaying of Tax Debts
The advantage of Non-Conforming home loan is that clients can restart their financial lives again by consolidating debt. Disadvantages of this type of home loan is that they commonly include higher fees and higher rates, but if this type of loan is managed well, borrowers may re-enter the traditional home loan market in the future.
If you’d like to talk to one of our experienced home loan consultants to discover your finance options, simply complete the form below and an Assured consultant will be in contact with you.
