Equifinance

Equifinance

Equifinance is a specialist second charge mortgage lender. They work closely with UK wide distribution partners to develop and deliver lending products that suit the needs of a wide spectrum of customer circumstances. They seek to develop products that are designed to cater for a variety of customer needs. In particular they look to help applicants who have historically experienced financial difficulty but are in the process of recovering their financial situation.

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Second charge mortgages from 5.1% APRC. Second charge mortgage representative example (If you choose to add fees to the loan).Assumed borrowing of £35,000 over 120 months, plus a broker fee of £2,870 and lender fee of £367.50 would result in monthly repayments of £476.14, the borrowing rate is 8.6%, the APRC is 11.2% (variable), total charge for credit would be £22,136.80 and the total amount payable would be £57,136.80. Freedom Finance is a leading credit broker and not a lender. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

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