Does strict lending criteria make an HSBC mortgage harder to get than any other?
Some sources suggest that lending criteria for an HSBC mortgage could make you think twice about going to the lender, but are stricter terms becoming standard? Call Deal Direct for advice, we are familiar with the lending criteria of the wide range of lenders throughout the market.
In a recently reported case, a couple who applied for a mortgage with HSBC were cross examined for several hours about the details of their spending habits, including future predictions. After a number of long interviews the couple's mortgage application was declined.
If you are thinking of applying for an HSBC mortgage and want to avoid a similar experience call Deal Direct. Our expert advisers can help you apply for a mortgage and will compare products and lending criteria to find an deal that is suited to your circumstances.
All the banks and building societies may be becoming more strict, but expert advice can help you avoid having to repeat the long process of applying and wasting time on failed applications. If you use an experienced broker, such as Deal Direct, we can make the process easier and less time consuming.
Call Deal Direct for a comparison of an HSBC mortgage against other products on the market. We can help you decide which is the best type of product for your circumstances and check lending criteria to help you make a successful application.
Call Deal Direct for impartial mortgage advice.
