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ADVANTAGES

  • Gives the borrower a chance of obtaining a loan where otherwise he/she would not.
  • Helps the borrower by giving an opportunity to service a new loan, which will hopefully be the vehicle to get them back on track
  • Non judgemental lending rules with a greater flexibility
DISADVANTAGES

  • Higher interest rates and fees
  • Require a larger deposit/equity
 

Non-Conforming Home Loans

These loans are for those borrowers who are unable to get finance because of bad credit, for those with a poor credit history, and for those who have previously been bankrupt and can't get a loan. We have lenders on our panel who have different criteria and may well give you a loan. As a brokerage we charge an upfront brokerage fee for this type of loan.

Contact
The Mortgage Shoppe
to make an
appointment today
on 03 5629 2104
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