Lending news

3mc adds to range

5 February, 2008

3mc has launched a range of adverse products in conjunction with Future Mortgages.

The AMPD exclusives are available from an initial three-year fixed rate of 6.42 per cent for purchases and remortgages.

Borrowers can take out loans of up to 90 per cent LTV for both purchase, with the range also open to first-time buyers.

All accept various amounts of adverse up to very heavy level.

They also have 6 per cent ERCs during the tie-in period, although there are no HLCs.

The arrangement fee of £1995 can be added to the loan.

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