Non
Status Mortgage
What
is a NonStatus Mortgage?
A Non
Status Mortgage is a mortgage that can be obtained even if you have
or had credit problems in the past. A Non Satus mortgage is usually
offered by lenders without any proof of previous mortgage history
or proof of income. The average maximum loan to value is around
70%, but this is not always the case and some lenders offer a higher
value than this.
Non
Status Mortgages can also be viable for the self employed who are
having difficulty in getting a mortgage due to a lack of proof of
income. Many mainstream lenders require a minimum of two years chartered
accounts, and you may be unable to provide this.
List
of Non Status Mortgage Company's
OCIS
provide general financial information, we urge you to consult an
Independent
Financial Adviser ( IFA )
before making any important decisions about your finances. |
