Second Mortgage and Caveat Loans can help you, even with Bad Credit

A solution to help you when buying a car, going on holiday or consolidating debts.

Sometimes it is not convenient to get to your Bank for a short term Second Mortgage / Caveat or Personal Loan, or you have already been there and they said “sorry your  loan application has been declined due to bad credit”. At times your income is on a casual or contract basis and this can also not meet with the lending policy of your Bank.

Often we find that clients like the opprortunity to ask questions online using our enquiry form, which allows them to find out information from the privacy of their own home or flat.
We can also often answer second mortgage questions after hours or at weekends, so you do not have to have time off work.

We are fortunate to have accreditation with a large number of non bank loan providers and this allows us to look for other ways to assist you, if you have missed some repayments and need help with a loan with payment arrears or bad credit. Our lenders prefer to process loans in excess of $10,000 and will always require some security. Unsecured personal loans, especially for debt consolidation or with bad credit are not available through our Lenders, you will always have to find some security.The most common security is a second mortgage or caveat, on either your own home or the property of a guarantor.

Are you looking to consolidate debts, purchase a car, go on a holiday, get married, pay funeral costs or a gift to help out family members? May be you have missed some mortgage payments and you  are in arrears and you just need a short term loan to catch up. We can often assist in these circumstances and as security the lender will require a second mortgage or caveat on a home, either your own, or say a family member, in some instances security over a late model car, a boat or business assets will also be required. 

Loan amounts available are typically $10,000.00 to $50,000.00. It is important that you have a regular income to make sure you can meet your repayments on time and some security  will be required. A Guarantor must also be fully aware of what they are doing as they are putting their assets at risk for you.If in doubt a Guarantor should always ask advice from a solicitior.

If you are experiencing financial pressure we can quickly work out if you can free up some cash by combining your existing credit cards, car loan and maybe some unpaid bills into one loan. You can then have just one payment which can be due on the day that you are paid, weekly, fortnightly or monthly. This will make budgeting so much easier and help you get on top of things, so you do not get further behind, which will then lead to bad credit problems. Our advice is always to try and pay off a Second Mortgage or Caveat loan as quickly as possible. If you get any overtime, or a bonus, try and pay this into your loan rather than frittering it away.

Complete our on line Enquiry Form for a non bank Second Mortgage or caveat Loan loan now. We will be in touch very soon.

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