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Will We Get a Mortgage ?
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Ginless
Posts: 2 Newbie
Ok. We currently have a 224,000 mortgage. With approx 27k in loans and Credit card. ( No arrears, no probs paying) Thinking about selling up and moving. Problem is we have no equity so therefore no deposit. Was thinking about trying to get a 90% morgage and raising a 10% deposit. Looking to get smaller morgage. Question is will lenders lend to us when we also have the loans? We have a good credit history, so no probs there. If so anyone suggest any lenders. thanx
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Ok. if your credit history is alright then fine. Ok. If you can raise 10% then fine. Ok. if you sell up and make a profit, use that dollar.Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
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