Comments on: who does 100%self certified mortgages? http://reversemortgage.info-junction.net/who-does-100self-certified-mortgages/ What is Reverse Mortgage, How does reverse mortgage work, Advantages & Disadvantages of reverse mortgage. Mon, 30 Jan 2012 01:01:00 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Ahwell http://reversemortgage.info-junction.net/who-does-100self-certified-mortgages/comment-page-1/#comment-9633 Ahwell Thu, 02 Apr 2009 15:16:41 +0000 http://reversemortgage.info-junction.net/who-does-100self-certified-mortgages/#comment-9633 There are companies that will do these, but the interest rate will be very high. 100% self cert interest only is a big risk for the lender, so they charge high interest to make up for the risk. If you only pay baxk the interest you will need a plan for how you will pay off the loan at the end of the term. Look for lenders through a mortgage adviser, but watch out for the small print. You won't get a mortgage like this from a high street lender. There are companies that will do these, but the interest rate will be very high. 100% self cert interest only is a big risk for the lender, so they charge high interest to make up for the risk. If you only pay baxk the interest you will need a plan for how you will pay off the loan at the end of the term.

Look for lenders through a mortgage adviser, but watch out for the small print. You won’t get a mortgage like this from a high street lender.

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