Impaired credit score and looking for a contractor mortgage? Call Deal Direct.
If you have an impaired credit history but you want to know whether you can still qualify for a contractor mortgage, contact Deal Direct.
Why call Deal Direct?
Firstly, because we are a ‘whole of market’ broker, which means we can access different contractor mortgages from lenders all over the country. This benefits you as we are not limited to searching for a suitable solution from a restricted range of ‘preferred’ lenders or those who only work with a certain type of contractor. Therefore, the likelihood of finding a lender who is open to working with you is increased, even if your credit history is less than faultless and regardless of your sector of work.
Secondly, the documentation that lenders ask for varies. Some mortgage providers may not ask for your full credit history as they are satisfied with performing a credit check only. Bear in mind, though, that differences in the documentation required may be reflected in the interest rates charged. However, after reviewing your situation and requirements, our experienced team can help match you with the lender who offers the right mortgage solution for you.
Thirdly, Deal Direct can help you even if you aren’t ready to apply for a contractor mortgage just yet. We can assist your preparations ahead of time and keep you up to date with new lenders entering the market, new product launches as well as changes to existing rates or underwriting processes. When the time comes to apply, you can be confident of doing so knowing as much as possible has been done to make the process as smooth and effortless as possible.