How to find the right bad credit mortgage in 2019

Finding the right bad credit mortgage in 2019 is about understanding which lenders to approach and how to make your application appeal. You may need to take steps to improve your credit score in the long-term or provide a larger deposit. Working with a specialist lending broker makes it easier to understand what’s required and […]

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Is it possible to get an equity release using a bad credit home loan?

Releasing equity from a bad credit home loan is possible, although not always as straight forward as in other circumstances. With a bad credit home loan, you’re already considered slightly more risky than other borrowers where traditional lenders are concerned. You may have to prove your reliability and accept a higher interest rate. What is […]

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How much deposit is required for a bad credit mortgage?

Bad credit home loans tend to require a higher deposit because they’re riskier for the lender. Mortgage insurers are less likely to provide cover for borrowers with bad credit history, and lenders see applicants without insurance as a potential red flag. By requesting a higher deposit, lenders take steps to protect their investment. What level […]

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How a bad credit mortgage can work for first-time property investors

Despite what you may have been told by other lenders, first-time property investment with bad credit is absolutely a possibility – you just need to find the right loan. A bad credit score isn’t the end of the investment dream when you know the right kind of lender to approach. For owners of a mortgage […]

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Is home ownership still possible with bad credit?

Being rejected by a lender for a home loan is never a good feeling. If it’s something that you’ve been dreaming about for some time, the thought that you might never be in a position to own your own home can be extremely demoralising. But the truth is that owning a home is still a very real […]

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Can you invest in property with a bad credit mortgage?

Investing in property is the dream of many Australians. But when you have bad credit, it can seem as though it’s a dream you won’t get to realise. With a bad credit home loan from Red Rock Mortgages, however, you may be able to start building your investment portfolio now – even with a bad […]

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Been declined? How a bad credit home loan could be right for you

You finally found that perfect home for your and your family, only to go to the bank and have your application rejected. It’s frustrating, but there are many reasons traditional lenders reject home loan applications. Fortunately, that home ownership dream may still be within your grasp with a bad credit home loan from Red Rock Mortgages. […]

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