Credit Impaired Loans

Life is unpredictable, and sometimes, it can lead to circumstances beyond your control that impact your credit history negatively.

Rated 5 from 19 Reviews

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Overcoming Credit Challenges

Life is unpredictable, and sometimes, it can lead to circumstances beyond your control that impact your credit history negatively. Whether it's a dubious roommate, a relationship breakdown, an unforeseen accident, or other unexpected setbacks or forgotten bills, these events can tarnish your financial reputation. However, at Total Loans Mortgage Brokers, we firmly believe in second chances.

Understanding the Unpredictability of Life:
We comprehend that life's journey is filled with twists and turns. Often, financial challenges arise through no fault of your own. Dodgy housemates who default on shared expenses or unexpected accidents that lead to medical bills can leave a mark on your credit history. These events can make securing loans seem like an insurmountable obstacle.

Our Dedication to Your Financial Recovery:
Total Loans Mortgage Brokers in Port Hedland is your dedicated partner in your quest for financial empowerment and dream fulfillment. We've cultivated strong relationships with lenders who understand that credit impairments can happen to anyone. Our commitment is unwavering, and we tirelessly work to find solutions tailored to your unique asset finance needs.

Your Dreams Are Within Reach:
Your dreams, whether it's owning a home, starting a business, or embarking on a new adventure, should never be out of reach due to past credit challenges. Don't let a blemished credit history hold you back. Reach out to us today, and together, we'll craft a roadmap to make your aspirations a reality. Total Loans Mortgage Brokers in Port Hedland is not just a financial service provider; we are your trusted ally on the journey to financial resilience and success.

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BS

Broker Studio

Russell & Sharon are an excellent team to work with. Extremely responsive and with great attention to detail, they care for every outcome they are working towards. Highly recommend.

TB

Tessa Briggs

We have used Total Loans for the last 3 houses we have purchased and we couldn’t be happier with the service they provided. Russell and Sharon went above and beyond for us, making every step of the loan process seamless. Their knowledge and expertise are outstanding. We couldn’t recommend them more!

JH

Joshua Hunter

My partner and I were first home buyers completely new to the process and Russell helped us from start to finish. He presented a lot of good loan choices and answered all our questions without hassle along the way. We will definitely be recommending Total loans to family and friends in the future.

Frequently Asked Questions

What does a Mortgage Broker Do?

A mortgage broker serves as a valuable intermediary between you, the borrower and the lenders. We have over 15 years in the finance industry and use our expertise and specialized software to secure competitive rates and facilitate a smooth mortgage settlement. At Total Loans, our mission is to safeguard your interests and expertly manage the entire mortgage process, so it is stress free and easy for you.

Why don't I just go directly to my bank?

Mortgage brokers are often able to offer better rates by negotiating with multiple lenders, while banks only present their own offers. We provide a detailed comparison report so that you can compare the features, rates and fees of the products of various lenders, without going to each bank directly, saving you time and money. We also have access to promotions through the broker network, such as discounted, application fees and interest rates.

How does Total Loans ensure a professional service?

As a Licensed Finance Brokerage, with our own Australian Credit License Number: 388425. We are required to always operate with a strict code of ethics and act with honesty and integrity, comply with all the laws and regulations relating to the Mortgage Industry and maintain confidentiality in all dealings. Total Loans has membership of several major industry and governing bodies to ensure that staff keep up to date with industry standards and changes. These include: Australian Finance Group, Australia's largest mortgage wholesaler (AFG) 
Mortgage and Finance Association of Australia (MFAA) 
Australian Financial Complaints Authority (AFCA)

Can you help me if I have a poor credit file?

There are lenders who are willing to consider applicants with defaults or poor credit conduct. However, this greatly depends on the details listed on your credit file and the extent of your credit score. Before recommending a lender, it is advisable we check your credit report.

How much can I borrow?

Your borrowing capacity can vary with each Lender. All lenders have their individual serviceability calculators to assess how much you can borrow with them. At Total Loans we have access to most lenders calculators and can provide you with information on how much you can borrow with each lender. Some of the factors that lenders consider when assessing how much you can borrow include length of employment, deposit, guarantors, suitable security, previous repayment history, current debts ie personal loans, credit card/store cards.

Do you charge any fees, or are there any hidden costs?

Not at all. Our service is free and transparent, with no hidden charges. When you receive a loan from us, it is the same as if you went directly to the lender. The lender pays us a commission, but it does not impact your home loan in any way.

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