Step 1

What You Should Know About a Home Loan with Bad Credit in Australia

When it comes to getting a home loan with bad credit in Australia, most people are reluctant, are misinformed or experience numerous declines. While you may find a lender who will let you borrow the money, often the deposit and interest rates are high. With our services, you can repair your credit and improve your score so that you can increase your chances of financing your home with faster approval and lower interest rates.

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The Benefits of Getting a Home Loan Without Bad Credit

The answer to your question ‘can you get a home loan with bad credit?’ is yes. There will be non-conforming lenders who will let you borrow money; however, there are numerous advantages to seeking the services of a credit repairer before applying for a loan.

  • Get a higher credit score: When you default on a loan, you get a black mark on your file which means a drastically reduced credit score. Banks and other major leaders will have access to this data and will likely decline your application or set high interest rates. A credit repair service can remove this black mark and restore your score to a higher setting. 
  • Increase your chances of getting a loan approval by a bank: If you have your credit file amended before applying for a home loan, the lender won’t be aware of any issues that you had in the past. Therefore, banks will assess your loan application as if you have a clear credit history and therefore, more likely to approve your credit application. 
  • Reduce your overall payments: Rather than using an alternative lender, you can get a home loan from a bank and have your interest rates set at a fair percentage. This lower interest rate compared to other lending companies, will mean that you’ll enjoy reduced overall payments. 

When you use a credit repairer, you can also ensure the accuracy of your personal information on your file.

Step 3

What You Can Expect from Credit Mend Australia When You Want a Home Loan on Bad Credit

We can assist you in removing defaults from your credit history with a stress-free and straightforward process so that you don’t need to apply for a bad credit home loan.

  • Initial consultation: Our friendly team will give you a free credit repair assessment. Regardless of your location in Australia, with one easy phone call, we provide you with a detailed explanation of our process, the credit laws and how we can assist you in restoring your credit score. Once we receive your written consent, our experienced and knowledgeable team will perform a full credit check.
  • Investigation process: First, our team will look into procedures that companies may have used, which resulted in your negative listing. We will then ask you various questions regarding your experience with the creditor and the default discrepancy. Our questions can include broad queries that may not be specific to each negative listing on your file.
  • Approval for service: Provided that you meet the criteria surrounding the possible breaches of reporting codes of conduct and privacy laws, we will approve you for our services to mend your credit.

We can have credit removed from your file within thirty days of approval. Our initial no-obligation process requires no charge upfront, and you only need to pay upon the removal of your bad credit. 

Step 4

Why Trust Credit Mend Australia Regarding a Home Loan with Bad Credit?

Our professional team have extensive experience and knowledge of credit restoration. We provide exceptional customer service and can help ease the financial stresses in what can be a frustrating time. Our directors have previously led top credit repair companies and highlight their excellent management skills in our team’s dedication to exhausting every avenue to assist our clients. We have over a 97% success rate in removing bad credit. When you want to avoid a home loan for bad credit, you can enlist our restoration services which require no up-front payment. 

Contact us to set up a consultation to discuss your case.

We Remove Defaults