Magellan

Magellan offers two product ranges; the Near Prime range offers an edge in terms of competitive pricing and a manual underwriting approach with flexible borrowing criteria, whilst the Credit Repair range benefits from fixed rate products and greater pricing differential for borrowers.

The product ranges offer:

  • Up to 85% LTV
  • Rates starting at 2.99%
  • Up to 4 applicants
  • 2 and 3 years fixed rates
  • Fees free products available
  • Variable rates with no ERC’s
  • Complex incomes and contractors considered

Impaired credit:

  • No credit scoring
  • Current debt arrangements including IVAs and DMPs
  • Historic adverse including defaults, CCJs and mortgage arrears
  • Discharged bankruptcies

Please contact us to see if a mortgage with Magellan is a suitable option for your client.

Click here to view the Magellan Homeloans Product Guide

Contact us on 01748 810177 or email: [email protected]