Finova Payment and Mortgage Services, previously MCI Mortgage Club, has added Metro Bank to its panel.
Club members now have access to Metro Bank’s range of residential and buy-to-let mortgages.
For residential lending Metro Bank will go up to 95% LTV, it offers joint borrower sole proprietor loans and up to four-person mortgages and lends on second homes and new builds, while interest-only and part and part options are also available.
Metro Bank will consider applicants with a less-than-perfect credit score, 5.5 times income for professional and high earners, large loans and welcomes the self-employed and contractors.
MCI Mortgage Club announced its rebrand to finova Payment and Mortgage Services yesterday.
Head of finova Payment & Mortgage Services Melanie Specer says: “We have a wide range of lenders on our panel and the addition of Metro Bank now takes us to 70. It’s great to be able to welcome a large bank onto our panel and I know Metro Bank’s wide range of mortgages and flexible criteria will be an asset to our members.
Metro Bank head of corporate relationships Jeremy Cook says: “We are looking forward to working with finova and are more than happy to talk to the club’s members to help with any queries they may have. We have a dedicated mortgage team, a broker help desk and local BDMs around England, Wales and Scotland who are always ready and willing to help.”
