One default payment is all it takes to create the beginnings of a bad credit record. This can affect your eligibility for a great number of available financial services in the market. At Future Assist Financial Services, we have helped many individuals with bad credit ratings get approved for a mortgage.
You don’t necessarily have to have a bad credit history to have your credit worthiness affected. You could be self-employed, or been travelling overseas for an extended period, for your ability to get credit to be impacted. If you are in this position, you can still get a Low Doc Loan.
Low Doc Loans allow you to apply for a mortgage with only minimal documentation. These loans typically cost more but provide a real solution for people with bad credit. Most mortgage providers revert the costs of the loan to normal after two or three years as you will have gained an internal credit rating.
Depending on your criteria, Future Assist Financial Services can source Low Doc Loans with flexible payment options, redraw facilities, fixed rates and more.
To find out more about Bad Credit Loans, contact us for an obligation-free consultation and Free Mortgage Refinancing Assessment. Our friendly team is ready to answer any of your queries.
We’re here to assist you in securing your financial future.