Which bad credit mortgage lenders don’t credit score?
Most high street lenders use a credit scoring system to assess mortgage applications, meaning anyone with a low or poor score can often face an uphill task simply trying to pass a lenders credit check.
When you are looking for a bad credit mortgage is it vital you find the most suitable lender for your needs to avoid being declined and making your credit score even worse. If you score is low it may be beneficial to find a lender that does a credit search as opposed to a standard credit score.
When a lender does a credit search rather and a credit score the lender will assess your credit history, looking any missed payment, defaults, CCJ’s etc. This can be very helpful in helping you obtain a bad credit mortgage. Becuase the look at your actual history they can then match it to their criteria and hopefully offer a suitable product. The is particularly helpful when your score has been brought down by a few small issues that an adverse lender may be willing to accept.
Below is a list of some of the lenders who do not credit score:
- Pepper Money
- Magellan Home Loans
- Bluestone Mortgages
- Together Mortgages
At Plus Financial Solutions we have access to the above lenders. Complete our enquiry form to find out how we can find you a great deal on your bad credit mortgage today! or call us today on 01604 328 091!