Foundation Home loans Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Foundation Home loans offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Foundation Home loans and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I am an engineering contractor looking to buy a home in London. My next step is to secure a mortgage ideally with Foundation Home loans. Am I best advised to contact Foundation Home loans directly or seek the assistance of a contractor specialist mortgage broker who is used to dealing with contractors and Foundation Home loans.
I understand that for some lenders ‘contractors’ can be a red flag to their lending decision. Are there any lenders that take the same approach to mortgages for contractors as they do for standard home loan applications. I am particularly interested in a mortgage deal with Foundation Home loans
As a contractor (in the Oil & Gas industry) is it necessary for me to supply at least six months of both business and personal bank statements as part of the due diligence process for Foundation Home loans.I am not convinced that my broker is correct.
Is it true that Foundation Home loans quote higher interest rates in respect of mortgages for contractors?
I don't know if Foundation Home loans grant contractor mortgages but if they do how does a Foundation Home loans contractor mortgage differ from a standard mortgage?
The content set out above covers to properties in England and Wales.
Find out how to order your redemption statement request from Foundation Home loans