Would you like to know how you can help your borrower’s with complex credit?
In order to help borrower’s with complex credit, it is key that a lender is able to understand which event has impacted their credit profile; this could be the result of a life event, such as unemployment, divorce or illness. As a result, the borrower’s credit profile often does not meet a main stream lender’s criteria meaning they have no where else to turn.
At Bluestone Mortgages, we make our lending decisions based on a borrower’s credit profile, rather than their credit score; to find out more click here.
Here’s how our criteria can help your potential borrowers:
- Criteria based on completion
- No monetary caps on CCJs & Defaults
- Covid ‘bounceback’ criteria to support self-employed
If you would like to know more about the complex credit market, we are hosting workshop on Wednesday 17th November at 1pm, with our New Build & National Account Manager, Chris Holcomb.
