Non-Conforming Loans

Are loans for clients with atypical credit or employment histories who do no meet mainstream lender’s criteria.

Some circumstances that preclude applicants from obtaining standard lending products may include:

• An adverse credit history.

• A poor loan repayment history of late repayments.

• A loan default.

• A former bankruptcy status.

• Seasonal or casual work history.

• Recent self employment in business ‘start up’ phase.

• A tax debt to be paid from a refinance.

 Some benefits of non-conforming loans include:

• Loans can be fully featured.

• An excellent opportunity to enter the property market and repair a poor credit rating.

• Future opportunity to revert or refinance to a lower interest rate after certain periods.

• Solution based to keep you financially tracking.

With your permission, we can electronically obtain your latest credit file from a reporting agency like Equifax to determine the best lending course of action.