Default & Credit Impaired Loans

  • Do you have a credit default?
  • Have you been turned down for a home loan because you missed a small payment?

We may have a solution for you.

If you have the ability to make repayment of your home loan, your credit history is history to us. We work with you until we can source a loan for you, even if that takes 6 month to one year. We do not simply give up.

Melbourne Home Lending specialises in home and investment loans for those borrowers who fall outside the typical lending criteria. Specialist loans offer wider credit criteria or features outside basic or standard variable loans offered by the mainstream banks.

Specialist loans suit borrowers with impaired credit history such as defaults or multiple credit enquiries within short period of time. If you need a loan after discharged bankruptcy or being declined by other bank, our specialist panel lender may be the answer for you.

Specialist lenders do not do automatic ‘credit scoring’ of your application, which is the reason for most credit declines by major banks, as each application is manually assessed based on its own merit. Most of all, we can obtain a response within 24-48 hours in most cases.

Melbourne Home Lending prides itself for successful approval of loans for many of its clients who thought they could never get a loan. We are so confident about our expertise in this area that we have 100% success rate with specialist lending.

If you have a complex situation or the major banks have declined to approve your loan, we would love to hear from you no matter what your circumstances are.