Adverse Credit Rating or Poor Repayment History

Have you had a financial mishap through sickness, a bereavement, redundancy, separation, a divorce, business failure, or been over committed and missed some repayments and bills, so you now need a sympathetic ear with an understanding of non bank, private investor or recovery loans.

Do not give up, you could own a home or be able to refinance as some lenders do still provide a  home loan if your credit history is impaired or you have had some repayment glitches in the past.

Life is so full of ups and downs and although we all try and do our best, things can go wrong. This can have an immediate impact on finances, creating pressure on meeting bills and repayments and at times even missing a few.

Lenders are often quick to react in these circumstances, freezing accounts, cancelling overdrafts & credit cards, threatening Mortgagee Sales, which often makes it even harder to concentrate & manage your affairs. The current slowdown in the property market, with rising unemployment, has made the banks even more trigger happy and at times almost impossible to deal with, at a time when you need their help the most!

We specialise in helping people in these times of need and are prepared to listen and work through issues to find a solution for you. It is so important that you act quickly to protect your equity and have a plan to present to a lender. We will help you with that.

There are still a few lenders in New Zealand who look after the credit impaired home loan borrower, so a bad credit rating or poor repaymrnt history may not stop you qualifying for a first mortgage to buy a home or refinance before a lender initiates a mortgagee sale.

It is important that you act promptly as you need to protect your equity and things can snowball very quickly and you do not want to put your home at risk of a mortgagee sale. Contact an accredited NZMBA specialist mortgage broker now!

Contact us for more information
badcredit@firstratemortgages.co.nz

or Freephone 0800 178 7283 (0800 1ST RATE)