InterBay – New year, new criteria and more options for your clients!
18 Jan 2022
At InterBay, we're determined to deliver on your complex semi-commercial and commercial cases. That's why we've launched our new product range featuring LTVs up to 75% and a significant expansion to the acceptable asset classes. Plus, rates have been reduced by up to 0.50% and we've removed all trail ERCs.
- LTVs increased. Maximum loan to value increased up to 75%
- Asset classes expanded. Significant increase to the types of acceptable assets
- Rates reduced. Up to 0.50% reductions - 2, 3 and 5-year fixed rates from 4.69%
- No trail ERCs. Trail ERCs removed from all products
But that's not all...
We've reduced our standard 12-months' proof of rent requirement to 3-months’ for semi-commercial and commercial loans.
To find out more view our semi-commercial and commercial products.
Don't forget that our expert in-house underwriting team will assess your case and use their years of industry experience and technical knowledge to apply the flexibility you need to find a truly bespoke solution.
Let us do the work for you, contact your specialist finance account manager today and InterBay it.