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Please be aware of the following;

  • As a blog style website there can be a lot of historical content contained within this website that is out of date and no longer applicable. This content must only be used for historical reference purposes.
  • Ability Finance, through choice, no longer represent some lenders who may be historically referred to within this website.
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Non Conforming

Unique Home Loan Options

With most lenders and mortgage insurers changing their policies frequently of late it is important to be aware there are still lenders offering unique home loan options.

There are lenders still offering full, lo and no doc lends in metro locations and regional centers up to 75% LVR.

Additionally, we have lenders offering RECOVERY for borrowers with unlimited arrears and impairment. Provided we can identify how the arrears and or defaults occurred, and evidence how they are now in an improved position to service, then they can look to assist. Read more

Non Conforming Home Loan Options

While most lenders are removing products and options we still have access to lenders who; Read more

  • Will lend to 80% LVR on Serviced Apartments.
  • Will lend to discharged bankrupts & even do bankruptcy payouts where sufficient equity exists.
  • Will and can assist borrowers with severe mortgage arrears.
  • Will still lend to 90% full doc, 85% lo doc & 70% easy doc.
  • Has committed, stable & experienced Customer Service, Underwriting & Settlement teams to assist.

Non Conforming home loans up to 90 percent of the property value or purchase price

Wednesday 2nd April 2008

Ability Finance are able to assist customers with home loans from GE Money Specialist Options who have a solution for non-conforming customers who may have minor issues with their credit files or employment history.

Take a look at their maximum loan sizes^ below:

Loan to value ratio up to 90% Maximum Loan Size - up to $750k
Loan to value ratio up to 85% Maximum Loan Size - up to $1.0m
Loan to value ratio up to 70% Maximum Loan Size - up to $1.5m
Loan to value ratio up to 60% Maximum Loan Size - up to $2.0m* Read more

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