Loan Types

HomeLoan TypesNon Conforming Loans

Non Conforming Loans

If you have experienced financial problems in the past, this is the loan to help you re-build your credit rating.

Non-conforming lenders are very flexible – even if you have been bankrupt in the past or have unpaid defaults, they could help you get back on track. You will need a larger deposit than is required for a traditional loan. Interest rates and fees for a Non-Conforming Loan are also higher – you will get a fresh start.

 

Benefits

  • Re-Build Credit Rating
  • Non Judgmental lending rules with flexibility
  • Get a fresh start

Pitfalls

  • Interest Rate & Fees will be higher
  • You will need a higher deposit

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