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Credit Impaired Loans
Let the team at Chardon Home Loans help you get a second chance at getting a loan.
Competitive Rates
Just because you don't have good credit doesn't mean you won't get a good deal.
Get Approved
We are experts at finding lenders that will approve credit impaired loans.
Multiple Options
We will find a range of credit impaired loan options for you to choose from.
What does it mean to be Credit Impaired?
A bad credit home loan is generally for borrowers in tough situations. Whether it's a default, bankruptcy, or part 9, there are still ways to get approved.
How do I get Approved if I am Credit Impaired?
Major banks and lenders will likely decline your application but there are non-conforming or specialist lenders that are more flexible with their lending criteria.
They will assess your home loan application on a case-by-case basis and listen to your story as to what went wrong and why getting a home loan will put you in a better financial position.
This is particularly true of borrowers looking to consolidate existing debt.
Specialist lenders can often rapidly approve credit impaired home loans to meet deadlines from the creditors.
What are credit impaired or bad credit home loans?
In Australia, credit impaired mortgages are types of mortgages offered by non-conforming or specialist lenders.
Bad credit or credit impaired home loans consider every situation, including if the borrowers have negative marks on their credit files.
They are available to help struggling applicants that don’t meet the bank’s criteria.
How does it work?
With Chardon Home Loans, we take a personalised approach to help you get your credit impaired loan approved from our network of specialist lenders.
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Book a meeting with one of our brokers
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Provide us with some information about your financial situation
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We find lenders that offer a suitable loan solution
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Submit your application
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Get Approved!
Eligibility and approval is subject to standard credit assessment criteria.
For more information please download our credit guide.
Client Testimonials
Read some of what our clients have experienced choosing us as their mortgage broker.
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