In the past five years the highest growth rate in new mortgages has been recorded in the Credit Impaired sector, and there are some very good lenders who operate solely in this market. If you have some issues with a poor credit history, let us know and we will organise finance at very competitive rates and with a minimum of fuss.

The level of impairment can range from loan arrears, unpaid or paid defaults and judgements, to bankruptcy with interest rates determined by level of credit impairment and the Loan Value Ratio (LVR).

Generally the LVR on Credit Imparired home loans is lower than that available to regular borrowers with a good credit history. However some lenders are prepared to lend up to 90% of the home value.

While Credit Impaired home loans are generally offered at a slightly higher interest rate and/or fee structure than to a comparable traditional home loan, borrowers who take up a Credit Impaired Loan can generally expect a fully featured loan with options available including redraw, line of credit, variable and fixed rates etc.

Would you like to find out exactly how much you can borrow? - SEE A BROKER

There are numerous ways to structure your home loan, with choices of fixed rates, variable rates, off-set accounts etc... check out the different LOAN STRUCTURES.