Non Conforming Loans

Non Conforming Loans We help you to connect with the Private Lender suited to your requirements.

Get competitive pricing and terms on private loans tailored to you from our panel of 50 + Private Lenders. If you can’t get a loan because you don’t fit traditional lending criteria, you’re not alone. In Australia, we estimate that one in five people are unable to obtain credit from a traditional lender. Often this is through no fault of their own and may be due to the tightening of lending criter

ia. We are uniquely qualified to assist borrowers who fall outside the traditional lending guidelines

05/10/2022

Non Conforming Loans have Lending Solutions for Borrowers that don’t fit traditional lending criteria.

24/09/2021

Where do you go when your Bank says NO

14/09/2021

Where do you go when the Bank say's NO

A Complicated Past May Still Secure You a Home LoanNon Conforming Loans is Letting Home Buyers Know They Can Still Get A...
07/06/2017

A Complicated Past May Still Secure You a Home Loan

Non Conforming Loans is Letting Home Buyers Know They Can Still Get A Loan Even If They Don’t Meet A Bank’s Credit Criteria

Non Conforming Loans is known for their “out of the box” loan options and they specialize in loans that meet the needs of individuals who have been declined by traditional lenders and/or who might need a loan for reasons that don’t meet the strict criteria of most banks.

There are many reasons why certain borrowers will not meet the lending requirements set out by traditional lenders:

• Bad credit history – these borrowers have generally experienced a “life event” such as a marriage breakdown, illness or a business failure and are considered high risk by most lenders even if they have overcome the event that caused the impairment

• Non Standard Income – borrowers with irregular income, such as Contractors, applicants on Probation, Short Term Employed or Self Employed without lodged Tax Returns, may not fit the criteria of mainstream lenders.

• Loan Purpose – these borrowers may require cash out to pay tax debt or consolidate multiple unsecured loans such as credit cards, personal or car loans or business debts and can be rejected by prime lenders.

• Credit Scoring – Most Banks and Mortgage Insurers have adopted statistics-based credit assessment models that do not offer the flexibility specialist lenders can provide.

Those interested in any of these types of loans can begin the application process directly on the website. For those who are unsure about applying for a loan or who aren’t completely comfortable beginning the application process online the website offers full contact information so that potential borrowers can call to speak with a loan specialist.

To learn more visit Non Conforming Loans website at http://nonconformingloans.com.au/ or call 1300 791 329 to speak with a specialist mortgage broker.

27/04/2017

Overdue tax debts to appear on credit reports

From 1 July 2017, those with overdue tax debts will be disclosed to credit reporting agencies. The impact this could have on your clients is not only that obtaining finance in the future may be challenging, but that existing finance and supplier arrangements could be withdrawn
Non Conforming Loans can refinance tax debts!
Using a residential property as security, we can provide finance up to 90% LVR (including Risk Fee) if the tax debt is repaid in full. In either Full Doc or Low Doc options
If the entire tax debt cannot be repaid in full we can enable a principal reduction of ATO debt, and allows for an ATO arrangement to remain in place up to 80% LVR in both Full doc and Low Doc.
Using a Commercial property as security, we can provide finance up to 75% LVR in both Full Doc and Low Doc
Please do not hesitate to contact us should you require further information.

Kind regards,

RAY ETHELL

Address

118 Ocean Street
Sydney, NSW
2101

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+611300702296

Website

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