2nd Mortgage Loans For Bad Credit

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2nd mortgage loans for bad credit.
An EquityTap Presentation
EquityTap.com.au
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Why take 2nd mortgage loans for bad credit?
At Equity Tap, we know that unfortunate and
unforeseen things happen in life. If you have a
traditional mortgage, the bank may be happy to
keep this mortgage in place even if you have had
events that have caused defaults or other bad
credit. However, it is unlikely that they will
increase the loan amount if you need funds for
business purposes. This is where a 2nd mortgage
comes in. Equity Tap will offer a 2nd mortgage
despite bad credit and we will sit neatly behind
your current mortgage.
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What is bad credit.
Defaults on credit score. Both paid and unpaid
defaults will show on your credit score.
Late payments to creditors or utility providers.
Previous bankruptcies.
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Why does Equity Tap offer 2nd mortgage loans for
bad credit?

• At Equity Tap we understand that unfortunate
  things can cause Bad Credit and it is not always
  your fault or avoidable. Equity Tap assesses
  loans on equity in property and a clear exit
  strategy, so your credit is almost irrelevant.
• This is a different approach to how banks and
  cash flow lenders look at a loan application.
• Examples of exit strategies include
• Sale of properties
• Sale of business inventory
• Delayed cashflow such as confirmed commissions
• Refinancing ( depending on the type of bad credit)

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What purposes will Equity Tap lend for if you
have bad credit?
Refinance to tidy up loans that have previously
been in default or are late. Pay out arrears
such as tax debts or default interest. Cash
flow to get you company running smooth
again. Bridging finance or advances on
settlements.
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The Myths about bad credit.
No Lender will ever lend to you again this in
not true. In fact, consolidating loans will
often allow you to return to traditional lenders
within months.
Rates are higher if you have bad credit not at
Equity Tap, you will pay the same rate as
everyone else.
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WE ARE HERE TO HELP NOW
Get started with our 2 minute application and the
process begins
We can fund in 24 hours and get creditors off
your back.
Our Australian based team will help you through
the whole process.
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Is it time to get back on track?
Were here to help.
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EquityTap.com.au