Are you unable to meet the lending criteria for your mortgage application? We may be able to provide a specialist loan solution for your financial requirements. Speak to our experienced team to find out more about how we can help.
We can still help despite:
Bad Credit | Bankruptcy | Tax Bills
Let’s get your finances in order!
To provide you with a guide to how much you may be able to borrow, try our ‘borrowing power’ calculator. This considers your estimated income and expenses to determine an indicative maximum loan amount, to help you with your property search.
Specialist lending is a type of mortgage or loan that is available to people who may not meet the traditional lending criteria. This could include people with bad credit, bankruptcy, or tax problems. At Simplify Finance, we offer alternative finance and tailored advice for individuals who may deal with these problems. To learn more, fill in our contact form or book a call with us.
What are the benefits of specialist lending?Jaimee Lee2023-07-27T15:51:06+10:00
Specialist lending can provide you with access to the funds you need, even if you have a difficult financial history. It can also offer more flexible terms and conditions than traditional mortgages or loans.
What are the risks of specialist lending?Jaimee Lee2023-07-27T16:06:30+10:00
Specialist loans can be more expensive than traditional mortgages or loans. Lenders give people with bad credit scores higher interest rates because they perceive them as higher risk borrowers, meaning there is a greater chance they may default on the loan, so the higher interest compensates for that risk. It’s important to carefully consider the terms and conditions before you commit to applying for a specialist loan.
How do I find a specialist lender?Jaimee Lee2023-07-27T16:49:43+10:00
The easiest way to find a specialist lender is by contacting a mortgage broker. Get in touch with our team at Simplify Finance and we will negotiate with our lenders to find you a lending option at the best rate possible.