HELP MORE BUYERS WITH THE EVEN EQUITY LOAN...
Our latest addition to the TMA lending panel, Even, can help first-time buyers constrained by LTI or small deposits get into their first home sooner.
Based on the Government Help to Buy scheme, but for pre-owned homes, Even can triple your client’s deposit with a secured second charge mortgage up to £100,000.
It’s the only interest-free equity loan on the market, so it won’t materially affect monthly affordability payments for your client. The loan is interest free for the entire term, instead Even shares in the increase (or decrease) in the value of the property when the borrower repays.
REGISTRATION PROCESS…
To register with Even your firm will need to register via the website here and then request TMA Club as your payment route.
If you are already registered to use Even, to change a payment route to TMA, you will need to email Even on intermediaries@joineven.com to request the change.
CONTACT DETAILS…
Visit their website: https://www.joineven.com/for-brokers
Call: 020 4571 3088
Email: intermediaries@joineven.com
