Non Conforming Loans - Bad Credit History?

If you have experienced financial problems in the past, this is the loan to help you re-build your bad credit rating and obtain a mortgage. Non-conforming lenders are very flexible - even if you have been bankrupt or just have a bad credit history, this type of product, sometimes known as a bad credit loan, will make it easier for you to secure your wanted mortgage.

Advantages

You will get a fresh start and the chance to re-build your credit rating.
Non judgemental lending rules with flexibility.

Disadvantages

You'll pay higher interest rates and fees.
You will require a larger deposit than normal.

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Sandra Abela is one of our many Choice brokers that can help guide you through the mortgage maze.