Home Trust began in 1977 and provides access to a wide range of financial products, including mortgages, credit cards, deposits, and retail lending.

Home Trust focuses on providing flexible mortgage solutions with a simple approval process. They cater to borrowers with higher debt ratios and those who need alternative income verification methods.

• Type of Lender: Alternative Lender

• Relevant Links: Mortgage Calculator & Client Portal

Ideal Client

Home Trust is best suited for individuals with bruised credit, self-employed professionals, and business owners who require easier approval and more flexible mortgage options. With a simple approval process, Home Trust caters to clients who may find it challenging to secure financing from traditional lenders.

Special Features:

Home Trust offers a range of flexible mortgage options designed to meet diverse financial needs. They feature flexible debt ratios, allowing for more personalized borrowing potential, and a bank statement program that makes it easier for self-employed individuals to qualify. Additionally, their rental program is ideal for investors looking to finance rental properties. While these options provide great opportunities, clients need to weigh both the advantages and any potential drawbacks to make informed decisions for their financial future.

Downsides:

When considering this lender, it's important to be aware of some potential downsides. You might encounter a lender fee, and there are no additional banking services offered. The prepayment penalties can also be higher compared to some other options, so it’s worth factoring that into your decision. Additionally, their lending area is limited, and you won't find any physical branches if you prefer in-person service. Lastly, the application process can be paperwork-intensive, which may require some extra time and organization on your part. Being informed about these aspects will help you make the best choice for your mortgage needs.

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