Pro-Vide Home Loans

About

Our products are designed to help get "Good Borrowers" out of sticky credit situations. If you have "Credit Defaults", "Judgments", "Mortgage Arrears" or require "Debt Consolidation" then Pro-vide may be able to help you.

We believe anyone can suffer from a negative life event that may cause "credit defaults", "judgments" or "mortgage arrears". This has a negative impact on your credit rating and stops you from getting a home loan from a major bank. Unfortunately banks label you as "Credit Risk" and you now need a "Bad Credit Loan", "Non Conforming Loan" or "Credit Impaired Loan".

Just because we do loans banks won't, it doesn't mean we do "Bad Credit Loans" for everyone that is "Credit Impaired" (i.e., that has "credit defaults", "judgments" or "arrears"). Pro-vide is a choosey lender. We want to understand what went wrong. We want to know what has changed and we definitely want to know that there is a benefit to you when you deal with us. If you can satisfy us with an explanation to those criteria then contact us. We'll call you within 24 hours to arrange a free in- home consultation.

Pro-vide may be able to help you and we are different. We are the only "bad credit" lender that will "pro-vide" you with a plan to get you "back on track", i.e., back into a low rate product. In fact we even have a "Back on Track Guarantee", which in a nutshell means, if you pay your monthly repayments on time for 12 months, we guarantee you a lower rate! See how it works.

Pro-vide Home Loans is a wholly owned subsidiary of MKM Capital Pty Ltd.

Founded in 2004 by joint Managing Directors Graham Mendelowitz and Mervyn Kark and a consortium of offshore private investors, MKM has evolved into an established manufacturer and distributor of the full range of non-conforming offerings to the Australian residential mortgage market.

Our products are designed to assist borrowers who are in circumstances that require an alternative and flexible approach to their financial needs. In many cases borrowers require "breathing space" to allow their personal circumstances to evolve and/or their business plans to materialize.

We undertake the full operational processes for credit assessment, loan settlement, loan discharge, property valuations management and arrears management, etc. in-house. Our key credit criteria when assessing an application focus on the security being offered, the borrower's credit profile and how our products are likely to result in the borrower being in an improved financial position due to our extension of credit.

Our debt funding arrangements are via an Australian based institutional facility. Our compliance and risk management procedures are of the highest standard employing the services of an independent S&P "above average" rated loan administrator to monitor and report on the performance of our portfolio, retaining Australia?s leading legal advisers in relation to credit and mortgage regulation and compliance matters, and adherence to our internal policies and procedures being subject to tri annual audits by KPMG.

Not only did we survive the Global Financial Crisis (GFC), we thrived in it and when other "non-bank" lenders either closed up shop, or failed to source additional funds to lend because of shonky practices overseas, we sailed through the eye of the storm and grew our business on the back of a now proven business model and prudent lending practices. We are proud of our record in lending to borrowers that banks won't.

As a borrower, you can be confident when dealing with Pro-vide Home Loans.

MKM is a full member of the MFAA and Credit Ombudsman and holds the necessary NCCP licenses to extend credit nationally.