MCI Mortgage Club adds Vida Homeloans to its panel

New intermediary-only specialist lender Vida Homeloans has added nine packagers to its panel after a successful launch pilot. The packagers joining the Vida Homeloans panel are Active Investments.

Welcome to MCI Mortgage Inc, (formaly known as RCM Mortgage Inc). As Megatel Homes’ preferred lender, we are eager to serve you with only the best service for your home loan.

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Preparing the Transfer of Equity with a Vida Homeloans Mortgage . When it comes to preparing the the Land Registry documents your conveyancing solicitor should in the ‘consideration’ panel choose the first option, if consideration is given; otherwise ignore the consideration panel altogether.

If you are already registered with Aldermore then on each case submission you will be asked if you are submitting business through a Mortgage Club, tick yes and then select mci club. If MCI Club is not already in your drop down box then go to ‘Edit Profile’ on the ‘Portal’ and add in ‘MCI Club’. Payment Process:

Specialist mortgage lender Vida Homeloans for intermediaries has loosened its criteria, introducing higher maximum loan amounts for buy-to-let and 90% loan-to-value products for first-time buyers. On its specialist residential range, Vida has introduced a maximum LTV of 90% for first-time buyers, 100% discounted purchase price for Right to Buy and a new maximum loan amount of 1.5m.

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MCI Mortgage Club has added specialist mortgage lender Vida Homeloans to its panel. The club was set up in October 2014 as a. Best Lenders For Home Loans 26/02/2019 Own a home and in need of a loan? One of the most convenient ways to secure the large

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Vida Homeloans. The proposition has been developed with the assistance of several mortgage brokers and specialist packagers to create a mortgage origination platform which has been designed by intermediaries for intermediaries. Every mortgage application will be reviewed on its own merits to ensure lending decisions are made on a case-by-case basis,

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Jeremy Duncombe, director, Legal & general mortgage club, said: "We always work hard to add value to our members, and are therefore delighted to add Vida Homeloans to our panel. We have been working with the team there for quite a period of time now, helping them shape their products and customer proposition.”