MT Finance Launches Commercial Mortgage Business with £2.5bn JP Morgan
Key features include
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First time investors considered
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Integrate with OMS so AR’s can use our products and DIP via OMS
- ICR same as BTL, all 5 year products 125% on payrate for company and individual
- PG’s only required for commercial loans over 50% LTV
- Adverse considered CCJ’s & defaults up to £5k
- Interest and repayment allowed
- NO OWNER OCCUPIED unless OPCO/PROPCO which we can consider case by case
- Minimum income £15k
- First time buyers and landlords considered (full PG required)
- Min loan £100k, max loan £2.5m
- 2.5% fee on standard comm, specialist 3%, we pay 1.5%
Email inbox for comm new deal is commercial@mt-finance.com