Aldermore’s specialist mortgages give credit where credits due
Today Aldermore launched two new levels of products across its residential range, these new ranges have extended credit criteria and are ideal for clients who may not have previously fit their criteria.
Now considered across their Standard Level 2 and/or 3 ranges:
- Mortgage or secured loan arrears over 3 months ago
- CCJs / Defaults registered over 6 months ago
- Bankruptcy/IVA discharged for 2 years
- Forced or voluntary possessions older than 3 years
The new tiers offers brokers an immediate lending decision and Aldermore’s system will always display the lowest possible rate for the customer.
Commenting on the latest changes, Charles McDowell, Commercial Director, Mortgages, at Aldermore, said: “We understand that people’s situations can be complex but we are passionate about supporting the nation’s homeowners. At Aldermore, our human approach to lending enables us to consider each case on an individual basis so we can support those people with small credit issues. We have worked closely with our intermediary partners to design a process that makes the journey of using our tiered products as simple and straightforward as possible for both the broker and the borrower.”
For more information please visit intermediaries.aldermore.co.uk
