Credit Impaired Loans
Red Rocks credit impaired loans are designed for borrowers with a range of impaired credit issues including judgements & defaults. We can offering very competitive finance facilities at rates well below other 'non conforming' lenders. We can offer loans to suit the following;
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Paid & Unpaid Defaults & Judgements
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Mortgage Arrears & Discharged Bankrupts (min 2 yrs)
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Casual Employment or Short Employment (if < 3months)
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Construction Loans as well as loans for small apartments < 50m2
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Rural Property (Large Acerage) and or Vacant Land up to 90% LVR (Full Doc)
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PRODUCT SPECIFICATIONS |
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| Rate | Rate 8.67% pa (Full Doc) LoDoc (On Application) |
| Loan Type | Principle & Interest or Interest Only (1-5 yrs) |
| Loan Term | 30 years |
| Max Loan Amount | $1,000,000 |
| Purpose | Owner Occupied or Investment Purchase or Refinance |
| Repayment Frequency | Weekly, Fortnightly, Monthly |
| Repayment Options | Salary Crediting, Cheque, EFT, Direct Debit |
| Acceptable Security | Residential Only |
| Acceptable Location | Most metro, major regional and rural residential locations considered |
| Max LVR | Full Doc up to 95% LVR LoDoc up to 90% LVR |
We can provide you with fast flexible access to very cost effective finance that may not have been possible using traditional lending institutions.
Obtain more leverage, with less hassle and less cost than you ever thought possible, Red Credit loans are the answer!
Request a Free Rate Quote!
