Home loan for poor credit: You may be eligible
Your credit history may show information you’d rather forget, but this doesn’t automatically mean you’re ineligible for a loan. There are options. Applying with poor credit means talking to a lender that looks at more than just your credit history – Like Pepper Money.
A Pepper Money loan may work if you have a credit score affected in the following areas:
Overdue debts or defaults from the past five years
Bankruptcy declarations from the last five years
Late payments on your utility bills, like your electricity, gas or mobile phone bills
Recent applications for different loans or lines of credit
- Any court writs or judgements against you
In the current environment, some of our regular home loan options may not be available. If you’re thinking of buying a house, then talk to us so we can understand your situation and see if we can help.