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Bad credit mortgage
Slou123
Posts: 77 Forumite
We are using a broker (Haysto) - partner with perfect credit me with less desirable.
we have proceeded to the DIP stage, but wandered of others experiences and what deposit rates may look right?
thank you.
we have proceeded to the DIP stage, but wandered of others experiences and what deposit rates may look right?
thank you.
0
Comments
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If you're giving them the go ahead for an AIP, surely they've given you a rough indication of rates, borrowing capacity and deposit needed? That's been my experience, even when I had bad credit in the past
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It all depends on your circumstances.
A single default could be 95% LTV down to 85% LTV.
10 defaults could be 90% LTV down to no mortgage at all.
I am a Mortgage AdviserYou 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.0 -
ACG said:It all depends on your circumstances.
A single default could be 95% LTV down to 85% LTV.
10 defaults could be 90% LTV down to no mortgage at all.
Thanks. Just be patient and see then!!!ACG said:It all depends on your circumstances.
A single default could be 95% LTV down to 85% LTV.
10 defaults could be 90% LTV down to no mortgage at all.0
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