- 100% Commission Considered
- Limited Track Record
- From 5% Deposit
- Repayment & Interest Only
- No Credit Scoring Application for Some Lenders
- Common Sense Underwriting
Mortgage with Commission Income
RockHopper can assist clients who receive all or part of their income on a commission basis.
Typically we find commission income is payable to sales professionals and includes, but is not limited to, clients working in:
- Estate agency
- Car sales
- Furniture and flooring sales
We often find that clients who receive commission income come to us frustrated that their existing Lender, Bank or Building Society will not consider all or part of their commission income as they are often told it is not “guaranteed income”.Read More >>
We sometimes hear of cases where a lender has declined a mortgage or remortgage as the applicant does not have a sufficient track record in their job role, has had recent varying commission payments or has had a “bad” month in the midst of several good months.
Clients typically ask us to help them obtain a mortgage using up to 100% of their commission income, whether it be paid monthly, quarterly or annually. They may be paid entirely on a commission basis, have recently changed jobs or have a limited track record in their current role.
Clients often tell us that by being able to take more of their commission income into account they can obtain a larger mortgage which helps them to buy the property they want or remortgage to the level they require.
At RockHopper, we look at all cases individually and assess each mortgage on its own merits.
Do get in touch if you want some assistance in obtaining a mortgage with commission income.
We offer a free initial, no obligation, assessment to see if we can help you.