Credit repair mortgage

dwill1503 · 22 January 2015 at 11:56AM

Does anyone know of a credit repair mortgage provider that a borrower can apply direct to, without using a broker?

Dave_Ham · 22 January 2015 at 11:58AM

Yes, but unsure why you would want to.

Going directly limits your options and there may be better solutions elsewhere. Additionally, packaging and presenting the case to the appropriate lender in the appropriate way will speed up the process and should ensure less stress.

Good luck

dwill1503 · 22 January 2015 at 2:27PM

Ok thank you. Which broker would you recommend?

Dave_Ham · 22 January 2015 at 2:56PM

We are not allowed to recommend on here, I would just ensure you speak with a broker that is experienced in placing adverse cases.

All the best

ACG · 22 January 2015 at 3:01PM

It can also be possible to place an "adverse" mortgage with a high street lender if it fits criteria. So paying a broker might ensure you save a small fortune on rates/fees to an adverse lender. As Dave says, packaging a case well can make the world of difference - to the rate and chance of acceptance.

kingstreet · 22 January 2015 at 3:26PM

Order all three versions of your credit file and put them in front of a decent broker. If one of the files is better than another, it will give the broker a steer in the direction of the right lender and away from the wrong ones.