100 commercial mortgages 100 LTV self cert mortgage

Without the right income documents, finding a mortgage can be quite hard.

However, there are special self cert commercial mortgages which are offered by a few lenders.

These lenders can be found online as well as through a good broker and they are offered to those with adverse, non status or bad credit history.

There are several good brokers and lenders online through which you can even find 100% LTV loan to value in areas like Devon, Fareham, Hertfordshire, Huddersfield, Wales, Wokingham, Ireland, Milton Keynes, Portsmouth, Southampton, Torquay, Wales, Warsash and Yorkshire. Although the LTV which is normally offered is 80%, 85%, 90% or 95% but in some cases it can even be up to 110%.

Companies like 85percent and Affordable Mortgages that operate online can offer you guaranted commercial mortgages when you really require. However, with a bad credit history you can expect the loan to be at a higher interest rate.

However, it is still better than using a rental property and paying rent on it. With the help of online brokers, you can get advice and guidance to find the best lender and the cheapest fixed rate commercial mortgage in the market. These companies can help you get a good quote and find the cheapest fixed rate mortgages for your needs. The online calculator can be used to calculate what your monthly payments would be like.

Self cert commercial mortgages can be used for purchasing a wide range of properties like bedsit, holiday cottages, guest house, regulated tenant properties etc.

Getting an LTV of 100% is definitely quite difficult and it would only be offered in a few circumstances if all the other documents that you have support it. The brokers have good contacts with subprime lenders that offer flexible no credit check sub prime loans so you can approach them to find the kind of mortgage you are looking for in a short time.

{ 1 comment… read it below or add one }

Sian Philips April 12, 2011 at 2:16 pm

Hi, i’m looking for a 110% mortgage as I would like to buy some household furniture when I find a new flat that I like. Does anyone know where I can get such a mortgage? Thxs