Our easy-to-use platform
We’ve recently launched our stand-alone affordability calculator! Use this to get a quick loan size and test out different client scenarios without logging in.
Like what you see? Then log in to the Gen H Pro Dashboard to create a DIP in 5 simple steps. The dashboard is your all-in-one place to track and manage your cases, and you can add an admin to your account to make document upload easier.
Log in to Gen H Pro here https://app.generationhome.com/brokers/sign_in
Watch this for a quick explainer on how to use our dashboard https://www.youtube.com/watch?v=X3ihiW8IO7I
Product Updates to help your clients
We now offer:
– 2-year and 5-year 95% LTV fixed term mortgages
– 180 day offer period
– 90% LTV on new build houses
– £25K P/A minimum income criteria no longer required for 95% LTV mortgages
– Self employed applicants can now apply for 95% LTV mortgages
– Up to 95% LTV on flats (Inc Ex local Authority)
Generation Home Case Study
We help first-time buyers, homemovers and remortgagers. Here is an example of how our unique features were able to help a client looking to remortgage after his divorce.
Elijah was going through a divorce and wanted to buy out his partner.
On his own he was unable to afford the mortgage on the property. His broker recommended Generation Home where he added his dad, Robert, as an income booster.
Since his dad was 63, and our maximum age is 85, his term length would have been restricted to 22 years. We looked at using our Ejector Seat to give Elijah a more affordable monthly payment.
Our calculations showed that the mortgage would be affordable for Elijah alone before his dad turned 85. We wrote into his offer that Dad would be removed from the mortgage at this point, allowing Elijah to have a 32 year term overall.
For a full budget breakdown click here https://storage.googleapis.com/generation-home-public-static-content/marketing/income_booster_and_ejector_seat_case_study.pdf
Any questions, contact your dedicated BDM Tomi on 07897 036783 or at tomi.ashimolowo@generatiohome.com
