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gmac mortgage

gpaul49
gpaul49 Posts: 92 Forumite
in Mortgages & endowments
Hi i have an iva 12 months left to run and have found out that i have to pay back money owed after 5 years i am thinking or remortgaging and offering a reduced settlement to creditors
i was never informed this at the time , what is a good mortgage to go for £74,000 oustanding on 16 years

thanks paul what would be the fees i willing to go back to 20 yrs after 5 year back to 15 help

income 30,000 a year now

Comments

  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    There will be plenty of lenders that could go to that loan amount - also depends on the property price/value.

    The rates offered and the mortgage amount available will depend on the credit history you have - as there is no uniform standard for assessing adverse credit history, you would be best placed getting in contact with a whole of market adviser (with your latest credit report to hand) and let them do the leg work to see what they could find you.

    However you should have a word with your current lender to see if they could offer anything

    HTH
    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. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • gpaul49
    gpaul49 Posts: 92 Forumite
    who does whole market not intrested in being with gmac
  • JoeK_3
    JoeK_3 Posts: 1,374 Forumite
    gpaul49 wrote: »
    who does whole market not intrested in being with gmac

    Unfortunately, we are not allowed to give mortgage advice on this forum nor are we allowed to volunteer our services.

    You could however contact a whole of market mortgage adviser of your choice through an internet search.

    JoeK
    I am an Independent Financial Adviser.
    Anything posted on this forum is for discussion purposes only. It should not be considered financial advice. Different people have different needs and what is right for one person may be different for another. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser who can advise you after finding out more about your situation.
  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    gpaul49 wrote: »
    who does whole market not intrested in being with gmac

    Indeed - none of the advisers on here are allowed to advise or recommend on the open forum

    Have you got any personal recommendations you could go to?
    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. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
This discussion has been closed.
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