Damara Finance Services - helping you to get the most suitable loan for you Damara Finance Services
 

Loans

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 bad credit rating and obtain a mortgage. Non-conforming lenders are very flexible - even if you have been bankrupt or just have a bad credit history, this type of product will make it easier for you to secure your wanted mortgage.

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

Credit Ombudsman Service Limited
MFAA Full Member

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