- Investment Income
- From 5% Deposit
- Limited Track Record
- Gross Foster Income Considered
- Multiple Income Sources
- Residential & Buy to Let
Foster Income Mortgages
At RockHopper we work with a number of clients who receive all or part of their income as Investment Income from Savings, Dividends, Bonds etc.
We often find that clients who receive investment income have faced a number of problems when approaching their Bank/Building Society to find a mortgage, such as:
- Their Bank/Building Society will not consider investment income towards mortgage affordability
- Their Bank/Building Society will only consider a portion of their net foster income towards mortgage affordability
Additionally, some of the lenders we work with will look at applicants who have a limited foster income history as long as they have previous experience as a foster carer and/or can demonstrate their commitment to fostering in the future.
Clients have told us that they may have approached their own Bank/Building Society for a mortgage using foster income and have been declined.
Clients approaching us to arrange a mortgage using investment income are often frustrated, that although their plans make sense, they have spoken to a number of lenders who will simply not consider a mortgage because of all or part of their income is earned through investments.
At Rockhopper we understand that every case is different and that no clients are ever the same. That is why we apply a common sense approach to assessing whether we can assist.
If you would like to see whether we can help you raise a mortgage using foster income, do get in touch for a free no obligation quotation.
If you would like to see whether we can help you raise a mortgage using investment income, do get in touch for a free no obligation quotation.