It’s the Australian way to give people a second chance, just like it’s the Australian way to want to own your own home. We believe in both wholeheartedly.
At Positive Lending Solutions we can get you a home loan with bad credit. We believe that even if you have a limited credit history, that certainly shouldn’t stop you from having the chance to buy your own home.
While you will probably have to pay higher interest rates, there are many benefits to taking out a bad credit home loan.
You can buy and move into the house you want
The security of your own home gives you the chance to establish a stable residence and employment record, which will go towards improving your credit rating
By making your home loan repayments on time and in full over the course of the loan, you’ll start changing your bad credit history
By fixing your credit history, you’ll have a far better chance of securing loans at lower interest rates
Your bad credit home finance will still have many of the features of a regular loan, including offset accounts, and fixed or variable rates
With an improved credit history, you can refinance your home loan to access better rates and repayments
The short answer to that is almost certainly. If you’ve built your credit history on any of the following, we can help.
Paid or unpaid defaults, including credit card defaults
No credit history
Discharged from a Part 9 Debt Agreement
You’ve made too many loan enquiries
Our success rate for securing bad credit home finance is impressive, and we’re confident we’ll be able to help you too.
If you want to find out more, call one of our impaired credit home loan experts on 1300 722 210 for an obligation-free discussion. We’ll talk you through the features of bad credit home loans, including interest rate and repayment details, and start the application process all within minutes of calling us!
If you’d prefer, we can call you instead. Just take 30-seconds to fill out our Quick Quote form and one of our experts will call ASAP. It’s that simple.