Non conforming home loan

DON’T MISS OUT ON PURCHASING A HOME BECAUSE OF FINANCIAL OBSTACLES!
DON’T RISK LOSING YOUR HOME!

Assured Home Loans 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.

In recent times, new players have entered the market called Non-Conforming lenders. 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;

Loss of employment
Marriage break-up
Injury preventing them from working
Over exposure to debt
Spiralling costs of living
Bad credit management
Bankruptcy

The advantage of a Non-Conforming home loan is that clients can restart their financial lives again by consolidating debt. Disadvantages of these type of home loans is that they will traditionally 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.

Assured’s Non-Conforming lenders also cater for the following type of situations;

•Self-employed with no financials
•Asset Rich, Income Poor
•Short term employment or unusual income source
•Recently started a new business
•Pension support / centrelink
Assured Home Loans has established a “Second Chance” department where our consultants are specialists in the Non-Conforming field.

If you'd like to talk to one of our experienced home loan consultants to find out what your finance options are.