Refinancing with Bad Credit — What Are Your Options in Australia?

Non-conforming lenders in Australia specialise in refinancing for borrowers with bad credit, but typically charge 1–3% above standard rates and require lower LVRs of 70–80%.

Can I refinance with a default on my credit file?

Possibly, depending on the default age, size, and whether it has been paid. Non-conforming lenders specialise in adverse credit borrowers but charge 1–3% above standard variable rates.