PROJECT DESCRIPTION
The secured loans market is becoming less crowded as brokers give up in the face of the credit crunch, however there is still very good opportunities for the better quality brokers like ourselves (by this I mean companies who are prepared to put in the work to place the customer loan correctly in the context of their credit history and other factor like LTV(loan to Value) and DTIR (debt to income ratio). In ordere to enable us to maximise the conversions we would require the leads to be the following:
Mandatory – Homeowner
Mandatory – Household income of more than £13000.00 (can include benefits but not child benefit)
Mandatory – LTV below 85% if employed below 70% if self certified or self employed.
Mandatory Minimum loan value of £10,000.00
Mandatory – Wants a Secured Loan
DTIR under 35% if household income below £25,000 otherwise under 45%.
It's a commission project and if you are interested to test it please send us detailed information on # of seats you want to assign for this and the experience you have with the UK market.