Specialist Lending Options for Unique Financial Situations
Understanding what a Non-Conforming/Specialist Loan is?
A non-conforming loan is a type of home loan offered to borrowers who don’t meet the standard lending criteria of major banks or traditional lenders. These loans are designed for people who:
- Are self-employed and recently started a business.
- Have a poor credit history, including past bankruptcy or defaults.
- Need to pay out an ATO debt.
- Have a strong income but a small deposit.
- Received your deposit as a gift or inheritance.
- Have non-standard or irregular income (e.g. part-time, contract, business income).
- Want to consolidate multiple debts like personal loans, credit cards, or business debt.
- Are nearing retirement and were declined by mainstream lenders
In short, if your situation doesn’t “conform” to the strict guidelines of a typical home loan, a non-conforming loan may provide a more flexible solution.
They're also sometimes referred to as specialist loans, and are assessed with a more personalised, case-by-case approach.
Are You a Non-Conforming Borrower?
If you’ve ever been turned down for a home loan because of factors like being self-employed, having outdated financial records, or a less-than-perfect credit history, you might be considered a non-conforming borrower.
This means your financial situation doesn’t fit the usual ‘prime’ lending criteria used by major banks. But don’t worry — this doesn’t mean you’re out of options. Many people face these challenges, and there is specialist loans designed to help borrowers just like you.
If this sounds like you, it’s worth exploring non-conforming loan options to find a flexible solution that suits your unique circumstances.
We understand how disheartening it can be to be turned away by a bank, but your homeownership goals don't have to end there, we can help.