Trinity Financial gets access to MPowered's residential mortgages
Trinity Financial has been accepted onto the panel to submit mortgages to MPowered Mortgages.
MPowered Mortgages is relatively new to the market but has consistently offered many of the cheapest rates. It has a new mortgage processing platform designed to speed up the application process and produce super-fast mortgage offers.
Applicants will need a 25% deposit to qualify for MPowered's mortgages, and those earning over £75,000 or £100,000 combined can borrow up to 5.5 times their income. The lender's mortgages are capped at £1.5 million.
The maximum mortgage term is 40 years, and mortgage offers are valid for 180 days from the date of application. Its mortgages are available to employed and self-employed borrowers and those with variable incomes including bonuses. You will need a good credit history to qualify.
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