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subprime mortgage

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Comments

  • smnb08
    smnb08 Posts: 488 Forumite
    well i have just spoken to my broker again as she emailed me to say could i ring her as she has some good news.
    she has spoken directly to an underwiter at beacon and he says that as long as you have paid your mortgage within 30 days of the actual due date this is not classed as missed.
    she says she has taken his name and recorded the conversation(lol) and says if it is declined she will go back with this as he says the mortgage account will be fine and i meet all the other criteria.
    she seems very confident but i still have my doubts untill i get an offer.
    sealed pot challenge member #920
  • happybroker
    happybroker Posts: 1,301 Forumite
    happy days
    Happily an ex mortgage broker!
  • Toughluck
    Toughluck Posts: 317 Forumite
    Best of luck smnb08,

    Beacon have limited funding so let us hope you have a speedy completion. Maybe get her to DIP to the Abbey (dependant on the number of searches you already have) anyway. In the nicest possible way your score would have been dented by now.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Take advice with a pinch of sea salt!
  • smnb08
    smnb08 Posts: 488 Forumite
    Toughluck wrote: »
    Best of luck smnb08,

    Beacon have limited funding so let us hope you have a speedy completion. Maybe get her to DIP to the Abbey (dependant on the number of searches you already have) anyway. In the nicest possible way your score would have been dented by now.
    if the mortgage is declined i wont be asking her to apply to anyone else.
    i will just have to sell up or go on a dmp or something.
    thanks for your thoughts anyway.
    sealed pot challenge member #920
  • smnb08
    smnb08 Posts: 488 Forumite
    the broker has put in the full application now so all i can do is keep everything crossed and wait.
    how long untill we here something do you think?
    sealed pot challenge member #920
  • happybroker
    happybroker Posts: 1,301 Forumite
    couple of days or so, dont cross everything too hard...risk of dvt and all that
    Happily an ex mortgage broker!
  • smnb08
    smnb08 Posts: 488 Forumite
    happybroker wrote: »
    couple of days or so, dont cross everything too hard...risk of dvt and all that
    lol we dont want anymore of them my mum has just had one!!
    sealed pot challenge member #920
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