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A new variety of second mortgages launched by Future Mortgages


Future Mortgages have provided brokers with automated credit decisions for any applications submitted via the Internet.

Any applications which are processed using a electronic score-based system which gives instant online approvals, this would give future mortgage clients and brokers instant feedback.

Head of secured lending, Ian Warrilow at Future Mortgages commented: “We are also adding value to our second mortgages to continue to provide fairly priced, competitive products for borrowers. These new products also prove that we are committed to, and have a serious future, in the broker-based secured loan market.

The online applications and decisions initiative has been produced to meet the needs of the increasingly sophisticated introducer market where technology-based sourcing and decision capability will become a regular feature."

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