At Positive Home Loans, we believe everyone should have the chance to own their own home, even if you’ve had a few financial hiccups along the way. If you have a limited or poor credit history, you’ve come to the right place to start your clean credit future.
We’re confident we can give you that second chance and change your financial outlook for the better and do our best to give you the opportunity to own your own home with a loan that you really can afford, and in a few years, you’ll only be asking why you hadn’t done it sooner.
While you’ll pay higher interest rates for a poor credit mortgage, there are some compelling reasons you should consider applying for a poor credit home loan.
As long as you have some evidence that you will be able to service the loan by meeting regular repayments, we’re pretty confident that we’ll find the right loan for you.
For a bad credit mortgage, you will need a larger deposit than for a clean credit home loan. Depending on the exact circumstances, you’ll need a deposit of at least 5% of the total loan amount.
We can find a home loan for you if you have a poor credit rating due to:
With over 35 years of experience and an understanding that good people sometimes end up with a poor credit rating, we’re on your side to help you realise your dreams of home ownership.
We’ll use our relationships with the biggest lenders in Australia to find a deal for you, and start you on the path to a secure future.
Now you know you have a chance to change your finances with a bad credit home loan, don’t even hesitate, give us a call or fill out the form below to get a consultation with one of our expert brokers.
In the meantime, you can find how much you might be able to borrow, and what your repayments might be:
It's never too soon to make a Positive change.