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
- 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]