Page 7 - The Pulse Issue 6 Online
P. 7
BORROWERS AREN’T JUST NUMBERS
At Magellan, we don’t credit score. We believe that our manual
underwriting guarantee offers borrowers a personal service that GET IN TOUCH:
means we approach every borrower’s circumstance with an open view.
Our product ranges offer your customers a variety of flexible solutions, 0207 197 9424
as we can consider:
• Using the latest years share of net profit + remuneration + enquiries@magellanhomeloans.co.uk
discretionary spend for Company Director’s and self-employed
borrowers; www.magellanhomeloans.co.uk
• Accepting self-employed borrowers and contractors with at least
12 months trading history;
• A flexible approach to lending beyond state retirement age;
• Regular commission, bonuses & overtime for employed borrowers;
• Complex incomes including agency/zero hours, pensions, second
jobs and investments;
• First-time buyers with a family gifted deposit;
• Borrowers with an impaired credit history.
Our product highlights:
Up to 85% LTV | Rates starting at 2.99% | Variable rates with no ERCs |
2 and 3 years fixed rates | 10% overpayments allowed per annum ERC-
free.
