At Molo we are committed to service and delivering what our brokers need to be able to write more business. As a digital lender our key focus is our speed of service as well as staying competitive in this ever changing market.
We are pleased to inform you that our application to underwrite times are currently within 2-3 working days for initial underwrite.
This coupled with our new more competitive rates (attached) means there has never been a better time to use Molo Finance when placing your clients Buy to Let cases!
Here’s a reminder of our key USP’s.
- First time buyers accepted (HMO need 12 months experience);
- Maximum age 95 years at completion;
- Minimum income £20k;
- Large loan size – up to 75%;
- Student lets and corporate lets accepted;
- Affordability based on rental income only;
- Ex-local authority and deck access;
- Minimum property value £100k (£75 for north west / north east);
- Minor adverse considered;
- Let to buy available (subject to simultaneous transactions);
- 125% ICR for limited companies;
- First time buyer first TIME landlord considered;
- New build upto 75% LTV max loan £750k.
View the product guide here.