Non Conforming Loans
We have specialist lenders who offer non-conforming loans to people who don’t meet mainstream lender’s strict lending criteria.
Some circumstances that preclude applicants from obtaining standard lending products may include those with
- An adverse credit history or
- a poor loan repayment history of late repayments,
- a loan default,
- a former bankruptcy status,
- seasonal or casual work history or
- recent self employment in business ‘start up’ phase.
- a tax debt to be paid from a refinance.
Some benefits of non-conforming loans include
- Loans can be fully featured
- An excellent opportunity to repair a poor credit rating
- Future opportunity to revert or refinance to lower interest rates after certain periods.
- Solution based to keep you financially tracking.
If required, with your permission, we can electronically obtain your latest credit file from Veda Advantage.
