Second Mortgage - first in Negative equity

L

LouthMan

Guest
Are banks giving out second mortgages to people that in negative equity ?
 
Simple answer no.

More complicated answer, I have heard of them being done on very strong applications.

Very strong = both applicants on 100k plus with higher earning potential. I'm sure weaker applications have been approved though. It's the old case by case basis unfortunately.

www.moneybackmortgages.ie
 
So if you had Joint Income of 105K + Bonus (35K)

How much roughly would they give.
 
Hi Louthman

I suggest you provide the basic information required in Money Makeover and see what ideas you might get.

Brendan
 
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