Equifinance Bad Credit Loans

Loans product is called:

Equifinance Adverse Secured Loan

Its a generous 80% LTV with lower rates than other lenders including Clearly.

Contact us by completing the form to find out if its the right lender for your needs and circumstances.

 

  • Details of your property

  • About You

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Home reversion plan

Lump sum lifetime mortgage

Finding help when its necessary for speedy remortgage

It is usual to encounter individuals seeking out bad credit mortages, bad credit remortgage lender or remortgages for bad credit uk however lenders like Buckinghamshire Building Society are keen to see evidence of affordability in the form of dwp letter, pension statements or universal credit letters.

Paperwork to show income:

Secured loan lenders such as Evolution Money, United Trust Bank or Norton Finance often accept proof of monthly income with

  • sa302 documents
  • investment statements
  • accounts

Common examples of very bad credit

Lenders such as Prestige Finance, Masthaven or Prestige Finance can often extend credit to people with

  • ccj records
  • poor payment history
  • defaults
  • missed installments

What to expect for secured loans

It’s sometimes a lower cost to get a 2nd charge loan than a refinance.

  • Paragon Personal Finance
  • Equifinance
  • Spring Finance
  • Evolution Money
  • Masthaven

Arranging bad credit companies:

  • Vida Home Loans
  • Foundation Home Loans
  • The Mortgage Lender
  • Secure Trust Bank
  • Scottish Building Society

Examples of repayment time frames with MBS Lending

  • 28 years
  • 11 years

Remortgage fees

  • early repayment fee
  • application fees
  • up front fees

Getting help when you want a a second charge loan

In the UK homeowner loans bad credit

  • financial advisor
  • financial consultant

Its common to discover people searching for a mortgage for low credit, bad credit mortgage rates or mortgage bad credit UK, however, loan companies like Bluestone Mortgages are keen to see evidence of income in the form of p60, universal credit letters or p60.

Mortgage Loan to Value

Its often found to discover individuals looking for a loan to value percentages (LTV) of 70%, 85% or even as much as 90%, however, it is hard to get 95%.

Finding help when you need a re-mortgage

Its very regular to discover individuals seeking out best remortgage for bad credit, home loans with poor credit or bad credit remortgage brokers, however, home loan lenders like Leeds Building Society are keen to see paperwork to show affordability in the form of sa302 documents, universal credit letters or pension statements.

Additonal costs for secured loans

  • valuation fee
  • application fees
  • early repayment charge

Mortgage lenders offers for BTL Buy to let including for bad credit

  • Variable rate mortgages Aldermore Bank PLC

The 1st and 2nd charge lender will want to know if the property is a Freehold terraced house or a Leasehold flat with share of freehold and if the occupier is an Owner Occupier Primary Residence.