Secure Trust Bank extends distribution of 90% LTV mortgages

Mortgage Introducer

September 24, 2018

Secure Trust Bank Mortgages has incorporated 90% LTV products into its core range, with rates available from 3.74%.

The products, for purchase and remortgage, were previously available only through specialist distribution partners of Secure Trust Bank.

There is a £0 product fee option available from 3.99%, while the maximum loan size is £500,000.

Tony Hall, sales and marketing director at Secure Trust Bank Mortgages, said: “Earlier this year we launched our range of 90% LTV products as a semi-exclusive, available only through our specialist distribution partners.

“Demand has been high and we are really pleased to be able to introduce these mortgages as part of our core range.

“At Secure Trust Bank, we specialise in lending to borrowers with complex circumstances, such as the recently self-employed, contract workers or those who earn income from multiple sources, and we use empowered underwriters who see lending criteria as a helpful guide, not an insurmountable hurdle.

“The 90% LTV products also provide a £0 product fee option, which is particularly useful for brokers as clients looking for a high LTV mortgage would often prefer to pay a slightly higher rate than find the money for an upfront fee.”

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