Now available on The Mortgage Lender website, the maximum loan calculator has been designed to offer brokers a more accurate indication of the loan amounts available for their applicants. Along with competitive rates, criteria, and personal touch to underwriting, this provides another tool to help brokers with their selection process.
Sales and marketing director at The Mortgage Lender, Pete Thomson, said:
“Certainty is something we work hard to provide - in fact, 98 per cent of our offers are on the same, if not better product rate as the decision in principle.
“The maximum loan calculator will help to further support brokers by providing them with a greater indication of the borrowers TML can help and the mortgage amounts we could provide for their applicants.
“Our customers told us they wanted this support and the launch of our maximum loan calculator is another example of how The Mortgage Lender can respond positively to the needs of the market.”
