Loughborough BS Refreshes Adverse Lending Range
5 Articles
5 Articles
Loughborough Building Society revamps adverse lending proposition
Loughborough Building Society has unveiled a completely redefined adverse lending proposition, designed to provide brokers with greater flexibility and support when placing clients with historic or ongoing credit challenges. The new range is structured across four tiers: • Standard products – for applicants with limited or no recent adverse credit • Near prime – for borrowers with minor credit issues • Credit impaired – for those with more signi…
Loughborough Building Society in adverse lending push
Loughborough Building Society has launched a new adverse lending proposition. The society said the new operation would give brokers more flexibility and support. The new range is structured across four tiers: • Standard products – for applicants with limited or no recent adverse credit •… The post Loughborough Building Society in adverse lending push appeared first on Mortgage Finance Gazette.
Loughborough Building Society launches tiered adverse lending range
Loughborough Building Society has launched a new adverse lending range for brokers placing clients with credit problems. The proposition is split into four tiers: standard products for those with little or no recent adverse history, near prime for minor issues, credit impaired for more serious past events, and credit repair for applicants with the most recent and challenging circumstances. The society’s credit matrix sets out eligibility for bo…
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