Poor
Credit Mortgage
Unlike other Mortgage Lenders who rely heavily on a credit scoring system, Eastwood Securities has the flexibility to take a more balanced view of a poor credit rating. We understand there can be many reasons for a poor credit history. Some of these reasons are:
- Changes in employment
- Unsuccessful business venture
- Accident or illness
- Relationship breakups and divorce
- Legal fees or bankruptcy
- Disputed invoices for services and products
- Unpaid debtor invoices
Therefore, we base our decision to lend on ‘poor credit mortgages’ on individual circumstances and look at the reasons behind a bad credit rating to make a common sense assessment, taking into account the Borrowers present and future position.
Once we understand the issues we work on providing secured funding to assist with restoring the Borrowers credit rating. Contact us to discuss your poor credit mortgage options.
