At Lending Consortium we have a leading selection of bad credit home loans and bad credit mortgage loans catering specifically for borrowers that do not fit traditional lenders credit policies. Having bad credit shouldn’t stop you from getting a home loan or owning property.

Due to improved credit reporting reforms, you may find yourself with a less-than-ideal credit file. Thankfully, there are a range of specialist lenders who will accept those with paid and unpaid defaults, discharged bankruptcy claims and a high number of credit enquiries on their credit files.

Our specialist loan suite is ideal for borrowers with impaired or bad credit including;

  • Paid or unpaid defaults or judgments.
  • Mortgage or loan arrears
  • Discharged bankrupts
  • Tax debts & unsecured debt consolidation (credit cards & personal loans)
  • Company administrations

What are Bad Credit Loans?

Bad credit loans are mortgages for borrowers that have what is considered an ‘impaired’, or bad credit history. These loans are specifically tailored to accommodate the lending requirements of borrowers who have a credit history that is not ‘clear’.  There are several credit impairments that will constitute a bad credit history and these include defaults, judgements, Part IX or Bankruptcy, Company Administration and loan arrears.

Getting a home loan when you have a bad credit file is difficult, but there are some steps you can take to improve your chances of being approved.

Talk to one of our credit advisers today and we can help you get back on track to having clean credit history.