How does a self-employed home loan get approved?

The problem many self-employed people face when trying to get a home loan is that while they might have solid financials, they have no evidence to show it. If you've been in business less than two years, you might not have the kinds of documents that regular lenders require when granting loans. In this case, a...

Read More

Been declined? How a bad credit home loan could be right for you

You finally found that perfect home for your and your family, only to go to the bank and have your application rejected. It's frustrating, but there are many reasons traditional lenders reject home loan applications. Fortunately, that home ownership dream may still be within your grasp with a bad credit home loan from Red Rock Mortgages. What are...

Read More

3 FAQs to reveal whether an SMSF loan is right for you

Deciding whether a self managed super fund (SMSF) loan is the right option for you takes a bit of work. You need to seriously consider the positive and negatives of investing your hard earned retirement savings into property. But the first step is familiarising yourself with what an SMSF loan actually is. Here are three frequently asked...

Read More

Why a bad credit mortgage application could help if you've been rejected by a big bank

Have you been turned down by a big bank in your search for a home loan? It can be disheartening, but it doesn't mean the candle light that is your home-ownership dream has been snuffed out. With specialist lenders like Red Rock, a bad credit score doesn't equal ineligibility for a loan. In fact, if you've rejected by a large...

Read More

How a bad credit mortgage could be perfect if you have a low credit score

It can be a disheartening experience to be rejected by a lender because of a bad credit score; it's the kind of thing that can make you think buying a home of your own is an impossible task. Thankfully, there are lenders out there like Red Rock whose bread and butter it is to help those who can't otherwise secure financing...

Read More

Low doc, not no doc: How the right BAS can help your application

Low doc loans are an excellent option for those who can't provide the necessary financial statements or tax returns that come up with being a business' employee. However, you still need to be as prepared as possible with a thorough Business Activity Statement (BAS). This is vital to securing the loan you need. What is a...

Read More

Could a low doc loan be perfect for growing your start-up business?

Getting a young business off the ground often requires the kind of money that you just might not have. Sure, your business might be making a healthy income, but at the rate it's generating cash, growth is going to take too long. A low doc loan can be a solution for business owners looking to leverage the growth potential of their...

Read More

How can a bad credit home loan set you towards financial freedom?

The right house doesn't come up every day, meaning you should take your chance when you have it. However, if you are mired in financial difficulties, purchasing the home of your dreams may seem an unattainable reality. If you have a bad credit score, you may have already dismissed the option of a personal loan....

Read More
RSS