GE Money
GE Money is the specialist UK lender to have lent right through the economic cycle to good quality customers not served by the High Street. Their range of products is designed to meet the needs of first time buyers, subsequent purchasers and remortgage customers.
If your customer ticks these boxes then GE Money could say ‘yes’ to you…
- Has employed, self-employed or benefits income
- No missed mortgage payments in the last 12 months
- No bankruptcy, repossession or IVA
- Requires affordability based on individual circumstances rather than fixed income multiples
- Is a First Time Buyer, Home Mover, Remortgaging or requires Transfer of Equity
- Has a 20% deposit
…and they say ‘Yes’ to 7 out of 10 customers*
GE Money has specialist lending solutions to meet the individual needs of your customers:
- Debt consolidation with no restrictions and capital raising up to £50,000
- Interest Only up to 75% LTV
- First Time Buyers with lower credit score
- Initial rates from 4.29%
- Self-employed with declining or flat profits considered
- Benefits income acceptable
- Defaults and CCJs registered over 24 months ignored
- Customers accepted with minor credit blips in the last 24 months
Proc Fees – the net fee is 0.31%.
How to access our GE Money
Paradigm Mortgage Services has reached a unique agreement with Complete and Solent Mortgage Services to fulfil and package for GE Money. If you have a customer that fits the profile and want to submit an application, please use the links below.
How to contact Complete:
Mortgage Help Desk: 02380 450188
Online: www.completeparadigm.co.uk
Email: paradigm@cmls.co.uk
How to contact SMS:
Mortgage Help Desk: 01329 245800
Online: visit the Solent page
Email: helpdesk@sms-uk.co.uk
To view the lending criteria and other documents please use the links on the left.