Take a few minutes to think about all of the things you have heard about bad credit and home loans. Have you recalled everything you have heard? It’s now time to completely disregard everything – and I mean everything – that you have heard about bad credit and mortgages, because if it’s negative, it’s wrong. I know because I’m in the bad credit mortgage industry, and I work with people with a litany of financial problems and it is possible to get them the home loan that’s right for them and the plan for long-term financial success!

If you have bad credit, your credit file will feature all or any of the following things:

• Personal bankruptcies; • Arrears on mortgages; • Repossessed houses; • Writs; • Judgements; and • Defaults.

If you fall into the bad credit category, it’s time to ignore and disregard all of the negativity that the media, the mainstream lenders and majority of mortgage brokers have force fed you. It’s time to leave the depressing, hopeless outlook behind and embrace the hope many others in your situation have found in the 9-Step Action Plan from Bad Credit to Home Loan Success!

The 9-Step Action Plan A good team of bad credit mortgage experts will work with you to show you how you can be mortgage ready and set for your secure financial future. Chances are, you’ll be put through a drill similar to the following which we refer to as the 9-Step Action Plan:

1. Get your financial house in order: In this first step you’ll learn how to regain control of your finances. Know exactly what money is coming in, and what money is going out, so you can get ahead and clear your debts. 2. Order a copy of your Credit Report: It’s always a good thing to obtain and evaluate your bad credit situation. Do this by requesting a copy of your Credit Report from Baycorp Advantage. For further information about how to do this, simply visit www.mycreditfile.com.au. 3. Assess your Credit Report for bad credit issues: Identify the bad credit issues in your Credit Report. 4. Determine your Bad Credit Status: Find out how this affects your chances and costs in obtaining a mortgage. 5. “Clean” bad credit from your Credit File: Make sure you utilise every legal trick in the book to remove bad credit events and create a plan to pay any unpaid bad credit events on your file, unless bankruptcy is clearly the only option for you. 6. Obtain a Mortgage Assessment - Yes or No: Once the credit report has been cleared as much as possible, you will have a mortgage assessment. Your bad credit mortgage expert will help you work out how much you can borrow and when you will most likely qualify. Then they will develop a strategy to help you get mortgage ready in the shortest time frame possible. 7. Use the Get Your Mortgage Ready Toolkit and get yourself mortgage ready sooner: If you are not mortgage ready at this time, your bad credit mortgage expert will need to work with you to make your weak points stronger. Structure a plan that will ensure you will be able to see that light at the end of the tunnel shining on your new home! 8. Getting ready to be rich: Regardless of where you are financially right now, you will need to find ways of increasing income, decreasing your living expenses and taking control of your finances. It’s not that hard when you know how. 9. Relax: You’ve taken the right steps needed to be mortgage ready, and you’re on the right track to achieving financial success beyond the mortgage.

Getting Help There are reputable bad credit mortgage experts out there and ready to help you secure the mortgage that is right for you. They’ll also provide you with the direction you need for a financially successful future. Reject the negativity concerning bad credit and mortgages, and get ahead with a bad credit mortgage expert who knows their stuff!

Julian Thornton is a Melbourne-based mortgage specialist who owns and operates the highly successful Designer Mortgage Solutions Pty Ltd. Although specializing in the field of bad credit mortgages and financial coaching, Julian can help anybody into their own home and prepare them for financial success. Julian can be contacted by email at julian@designermortgagesolutions.com.au or by telephone on 03 9556 5431. Further information is also available at www.designermortgagesolutions.com.au .