BELOW MARKET VALUE LEADS - advice required

[gramtrad]

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Hi,

We are generating a fair few leads each week which have insufficient equity to allow a secured loan. So, these would be secured loan declines.

Rather than consign them to the bin, my thoughts are that there may be a market for these with the folk who purchase Below Market Value properties. Clearly, we would need to qualify the leads first.

Does anyone know of any brokers or networks that might be interested in such leads?

Advice/ suggestions would be appreciated.

[abc]

Hi,

We are generating a fair few leads each week which have insufficient equity to allow a secured loan. So, these would be secured loan declines.

Rather than consign them to the bin, my thoughts are that there may be a market for these with the folk who purchase Below Market Value properties. Clearly, we would need to qualify the leads first.

Does anyone know of any brokers or networks that might be interested in such leads?

Advice/ suggestions would be appreciated.

my experiance says that welcome finance might take some of these leads off you and if they are internet generated ben/richard at roye can sort u out..

when i was an underwrighter a few years ago welcome would take on 100%LTV + 18k over the top.. adverse

and prime first plus lend up to 125% LTV..

(this was last time i looked if i am wrong dont kill me for it)

Rick

[RobOxeva]

I agree with Rick,

Welcome do seem to take most stuff. Theres a panel that we use (of which Welcome + Yes are one) for people that are after payday loans but more than £1k...

Rob | OXEVA