(Newswire.net — June 4, 2014) Narrabeen , NSW — Non-ConformingLoans.com.au is a new website that is sending the message that individuals can still get a home loan even if they do not meet the stringent credit requirements put in place by most banks. With the memory of the recent financial crisis still fresh and the resulting credit tightening still in effect at most financial institutions many would-be homeowners are still standing on the sidelines assuming that credit is out of reach for them. This website lets them know it is not always the case and provides the information needed to get the house of their dreams. According to Ray Ethell the website owner, “Our company provides many loan options to those with less than stellar credit or who have had issues in the past. A complicated past does not have to mean a complicated future.”
Industry experts recently revealed that one in five people in Australia still can’t get credit from a traditional lender. That’s where sites like this come into play. Non-ConformingLoans.com.au specializes in loans that do not meet mainstream lenders’ credit criteria. The non conforming loan is often seen as a stepping stone to help individuals get back on track and after a period of solid payments the loans can be refinanced to a lesser rate.
Non-ConformingLoans.com.au 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. These reasons include getting cash for business or home improvement purposes, being denied a home loan due to credit defaults or being a Discharged Bankrupt or having ex Part 9 status or failure to have income sources acceptable to the bank if Self Employed.
The website offers borrowers the chance to view the types of loans available and those include non conforming home loans, low doc home loans and bad credit home loans. Those interested in any of these types of loans can begin the application process directly on the website. Another important option offered by the site is access to a credit repair service for the most credit impaired borrowers.
For those who are unsure about applying for a loan or who aren’t completely comfortable beginning the application process online the Non-ConformingLoans.com.au 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://non-conformingloans.com.au/ or call 1300 791 329 to speak with a specialist mortgage broker. The company also has a presence on Facebook, Twitter, LinkedIn and Google+.