Non Conforming Loans - Bad Credit History?

If you have experienced financial problems in the past, this is the loan to help you re-build your credit rating or obtain a mortgage. Non-conforming lenders are very flexible - even if you have been bankrupt or just have a bad credit history.

Advantages

• You will get a fresh start and the chance to re-build your credit rating.
• Non judgemental lending rules with flexibility.

Disadvantages

• You'll pay higher interest rates and fees.
• You will require a larger deposit than normal.