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Managing Serviceability Barriers With Unlimited Debt Consolidation

Refinancing is becoming harder for some Australians.

New Mortgage & Finance Association of Australia (MFAA) research found 49.2% of brokers were seeing more clients unable to refinance because they couldn’t meet serviceability requirements – up from 24.4% six months earlier.

And if you’re also juggling multiple personal or business debts, that’s added pressure.

But if you own residential or commercial property, consolidating those debts into one real estate-secured loan could:

  • Simplify your repayments

  • Potentially reduce what you pay each month

The good news is that even if a mainstream lender’s criteria don’t fit your situation, you may still have options.

Direct Credit Home Loans offers unlimited debt consolidation, subject to lending criteria.

#debtconsolidation #refinancing #propertyfinance

Want to consolidate personal or business debts?

Contact us on (07) 3726 1124 or email [email protected] to discuss your options.

Our experienced staff will assess your application on its merits, not according to rigid criteria. So if you’re credit-worthy, we’ll back you.
We love helping Australians buy property.
 
Call us on (07) 3726 1124 or email [email protected] to discuss your scenario directly with our credit team.