Credit Impaired Specialist Lending

There are specialist lenders who have products to help people who have had an "event" in their life that has caused financial hardship.

Some of them may be....

  • Temporary loss of employment
  • Divorce
  • Business Failure
  • Bad Health
  • Death of a close family member
  • Over committed to cover living expenses while off work

These products generally have a higher interest rate than a prime home loan however the benefit is placing you in a better position financially.
After 6 or 12 months good payment history and prudent credit assessment we can look at refinancing into a prime home loan.