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Bankruptcy Mortgages
Have you been declared bankrupt previously? Do you think that your bankruptcy filing has affected your credit scores and may stop you from buying your property?
‘NO’ Bankruptcy Mortgage is the answer for all your above queries. You may have filed for bankruptcy as a last resort to deal with your outstanding debts. But, this should not stop you from borrowing any more funds for your dream. Besides this, bankruptcy mortgages offers you a chance ‘to better’ your damaged credits.
This is a way out to your financial difficulties, if you have filed for bankruptcy and have been turned down for any more funds. Since, there is risk involved in lending mortgage with bankruptcy, there is a slightly higher interest rate involved. The details about your repayment and credit scores will be taken into consideration while determining the interest rate for you.
It acts as a ‘Credit repair product’. You will prove to be an ideal candidate if you keep up to your payments on time. Thus, giving you an opportunity to repair your impaired credit scores and in a couple of years you can move to a
mortgage product with better interest rate.
Our dedicated team of mortgage advisors will make sure that you are assessed rightly and impartially irrespective of your credit history and bankruptcy filing. Get free advice on how to improve your damaged credit scores and competitive rates on your mortgages too.
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