prestigemortgage
With the majority of traditional banks and building societies, finding a mortgage as a "Contractor" is typically difficult. Since you do not fit into the typical check boxes for lenders on a mortgage application, the majority of mortgage lenders just do not understand how you get paid. This is where we can help.
To help you better understand the criteria obstacles you might encounter, our consultants may ask you the following questions:
Do you have two years of contracting experience? If not, do you have prior experience in the industry where you have a contract?
Is your existing contract set to expire soon or for a minimum of 3 months?
Is your history of contracts free from significant gaps, such as more than six weeks every year?
Now, some lenders will grant you a mortgage if you meet their specific requirements, and each lender has a different perspective on this. In fact, it would be accurate to say that each lender has unique requirements based on a variety of variables, includi
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