An equity mortgage is based on the equity of a property and its potential marketability compared to traditional mortgage that requires income, credit and property criteria to qualify.
Equity lending offers solutions for borrowers with non-traditional income documentation, elevated debt ratios or previous credit impairment.
There is no one fit all approach when it comes to equity lending. We would love to hear your story and help you find the right financing whether you have had challenges with your credit, bad credit, have an income that is hard to prove – we can still get you funding if you have equity in your current home through market appreciation or a large down payment.
Book a consultation with The Mortgage Advisors today.