CrediMate™ home loan rates

Mortgage home loans and consolidations for applicants that can't get prime loans due to credit impairment:

Loan Mate™; matches loans to people, and then makes bank and non bank lenders compete for your loan business.

Loan Mate™ also offers competitive home loan rates regardless of your credit rating. Its a case of "horses for courses". We have different interest rates for:

• Full doc prime home loans for applicants with clear credit.
• Lo doc and easy doc home loans for applicants with clear credit
• Full doc home loans for applicants with credit impairment and or defaults.
• Lo doc and easy doc home loans for applicants with credit impairment or defaults.

CrediMate™ loan programs cover the latter two applicants types, that is those with credit impairment.

If you have clear credit or near a perfect credit history and want to check our StandardMate™, SmartMate™, and FlexiMate™ full doc rates click here.

If you have clear credit and you want to check our EasyMate™  lo doc and easy doc rates click here.

To check why we have Australia's best home loan, click here now

To apply for a home loan online click here now.

To check our CrediMate interest rates and comparison rates. click here now.

As a general guide only, the rate for a CrediMate™ home loan will be around between 1%pa and 3%pa higher than our StandardMate variable rate, currently 6.99%pa [comparison rate 7.04%]. Please understand that these are "second chance loans" and can be temporary stop overs to regain your credit standing. Once you have being paying the higher rate for a couple of years in a timely manner, we can general put you it to a prime loan facility. Sp please don't give up an opportunity to get back into mainstream lending over a few percent over a few years.

The rate is higher for several reasons, including the fact that Mortgage Insurers will not accepts credit impaired for a policy, so the lender has to "self insure" and add margin to cover this cost and the "X factor" for the added risk.

The large variance is due to differing levels of :

• Credit impairment of applicants,
• Amount of deposit of equity in the property, [the more equity the less risk]
• The quality of the property being offered as security and its location, and
• Whether the applicants income is verified or not.

all of which impact on the risk the lender is asked to take,

• and the features the applicants want in their loan, eg flexibility and lines of credit, cheque books, business accounts etc.

To return to our home page click here.

Links To More Loan Mate Information

• Best Home Loan. Review the features of we believe is the best home available here now.

• Debt Consolidation Loan. Having several loans to make each month is time consuming. It can also mean fees and charges to multiple accounts at high interest rates. Find our about consolidating to one low payment a month here now.

• Flexible mortgage loan. A home loan today needs to be flexible to fit in with your lifestyle and cash flow, so check flexible home loans first.

• Loan applicants need to be able to qualify for the loan they want. Find out about loan applicant qualification here.

• Loan Features are an important consideration besides the interest rate. This is what to look for in loan features.

• Mortgage loan refinancing. When refinancing your home loan there are essential things you need to consider. Check mortgage refinancing FAQs here.

• Loan mortgage frequently asked questions. Get the answers to frequently asked loan mortgage questions from Loan Mate.

• Non conforming loans. If you don't fit the normal loan guidelines then you need to check out non conforming loans here.

Links to Loan Applications

Mr Mortgage is now taking loan applications on behalf of Loan Mate. Please apply below

• Home Loan Application. For your home mortgage loan, mortgage refinance and home equity loan please apply here now.

• Business Loan Application. For your business loan needs, including car and equipment leasing, car finance, apply here now.

• Personal Loan Application. For your personal loans, including car loan finance, wedding loans, holiday loans and furniture loans apply here now.

• Car Loan Application. For car loan finance, including new car loan, used car loan, secured and unsecured car loans, and bad credit car loan and car refinance loan, please apply here now.

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