Credit Impaired Home Loan
A home loan for people that do not fit the usual guidelines of mainstream Banks. This is generally becuase of a one off event that you may be currently experiencing or have experienced in the past with:-
- late payments on credit cards, personal loans, car loans and/or your home,
- Recieved a default that has been listed with Veda Advantage that still may be unpaid
- Recently self employed and unable to sutstantiate your income
- Previously Bankrupt or Part IX/X
We have a range of home loans that would be able to assist you factoring in your circumstances.
Features and Benefits
Loan Purpose
• Owner Occupied Housing and investment home loans;
• Construction;
• Refinance including debt consolidation;
• Personal and investment purposes;
• Off the Plan purchases.
Features
• Weekly, fortnightly or monthly repayments.
• Lump sum repayments are allowed
• Portability
Benefits
• Interest calculated daily and charged monthly
• Repay your home loan off faster by combining your commitments into one single payment
• Ability to repay lump sums
• Structure repayments weekly, fortnightly or monthly
• Reduce monthly payments with a loan term up to 30 years.
• Make additional repayments to pay off their loan sooner and save on interest.
• Repayment Redraw (re-borrow payments in advance back off the home loan)
• Payment methods via Internet Banking
• Portability – move your home loan to your next home purchase
• Interest Only - make interest only payments for a period of 1, 2, 3 or 5 years.
• Repayments can be automatically deducted from any nominated banking account
At a Glance
• Minimum – $10,000
• Maximum – No Maximum
• Term – up to 30 years
• Security of monthly payment amount
• Lower/no ongoing fees
We can assure you there isn't anything we haven't seen before.
