Contractor Mortgages

Just another mortgages articles. One thing to keep in mind is that these mortgages are not what most know as self-certified mortgages. Contractor mortgages are basically mortgages that unlike standard mortgages are looked at on a case-by-case basis. This gives a contractor or freelancer a better advantage and opportunity to get an approval on a mortgage, at a reasonable rate.

Many people are worried that maybe they cannot apply for a contractor mortgage for numerous reasons. But mortgages for contractors are for everyone. Anyone can take advantage of this great opportunity. There is no set criterion to apply for these mortgages, and to the surprise of a lot of people there are lots of mortgage products on the market. There are great deals for people with adverse credit ratings as well as first time buyers. Some people think that they need to have accounts collected for three years before they can apply for a mortgage for contractors, but that is not true. Anyone can apply for a mortgage for contractors at any time.