What is Adverse / Bad / Poor Credit?

You might think you have poor credit because you’ve been rejected for a loan or credit card in the past. However, lenders have different criteria for when assessing credit – some lenders may see you more positively than others. There are no fixed rules of what’s considered poor credit. However, there are certain factors on a credit report that would make most lenders think you’re a higher risk – like missing credit card payments, defaulting on a loan, and applying for credit too often.

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"Adverse" Poor Credit Mortgages

Are you worried about how your credit score may impact your chances of getting that mortgage?

We appreciate that a poor credit history can make finding a mortgage more difficult, however, as we have a whole of market mortgage panel, we can consider everyone

Regardless of your credit situation, whether a first-time buyer, moving home or re-mortgaging, we at Amber Mortgage Options can help you to find the best deals available that will suit your personal circumstances and with a long-term vision of credit repair to get you back on track

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THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING, YOU SHOULD BE AWARE THAT IF YOU ARE EXTENDING THE TERM OF THE DEBT, YOU MAY BE INCREASING THE TOTAL AMOUNT YOU NEED TO REPAY.