Bad Credit Mortgages

Do you have a bad credit history and need a mortgage? We can assist you at Mortgage Brokers Parramatta. Not everyone has excellent credit. There are a variety of reasons why your credit can be hurting, and not all of them are related to poor financial management. Many Australians have major financial consequences as a result of life events. Loss of employment, unexpected illness, difficulty paying payments, and other things can all lead to a bad credit score.

We understand the challenges you may experience when trying to secure a mortgage with negative credit. The truth is that bad credit is subjective, and banks and other lenders' perspectives on your credit score and history can differ.

Mortgages for people with bad credit are based on a variety of variables. The loan value, the property, and your individual circumstances will all play a role in your ability to get a mortgage with bad credit. However, it is our strategy that distinguishes us as a market leader. Our mortgage professionals will qualify you for a negative credit mortgage based on the equity in your property, not your existing credit score. Our goal is to not only assist you in obtaining a mortgage, but also to assist you in reestablishing your credit.

Our mortgage experts are available to assist homeowners in any financial situation. If you have debt, a low income, or terrible credit, we can help. Regardless of your credit, our challenged credit mortgage product allows you to use the equity in your house to consolidate your debt and convert high-interest credit card and other loan payments into one low, manageable monthly payment. This allows you to better manage your money, cut your monthly payments, and reduce the amount of interest and fees you pay.

You can pay off mortgage and tax arrears, rehabilitate your credit, halt collection calls, cancel the power of sale, and get back on track financially with a bad credit mortgage. To meet your individual borrowing needs, we offer flexible 3-, 6-, and 12-month maturities. Even if you have a poor credit history, you can expect approval in 10 minutes. We want to assist all homeowners, not just those with excellent credit.