The Mortgage Alliance launches TMA Large Loans
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through largemortgageloans.com.
TMA has partnered with largemortgageloans.com to offer directly authorised brokers a large loan referral service for brokers with clients looking to arrange mortgages ranging from £500,000 through to £50m.
In addition, DAs will also be able to arrange bespoke mortgage deals through TMA Large Loans for foreign nationals, British expats, UK residents earning in foreign currencies or non-domiciled UK residents.
Deals can be secured on a range of assets including private jets, yachts, cars, shares and bonds.
TMA head Phil Whitehouse says: “The prospect of dealing with a larger than average mortgage may be daunting for some brokers and additional support from a specialist large loans broker could prove invaluable in getting the case through the approval process. Largemortgageloans.com opens up a new source of funding to our members, helping them to win and retain clients.”
Largemortgageloans.com managing director Paul Welch says: “With the high street lenders making sweeping cuts to their product ranges and criteria, even treating bonuses differently, brokers may be finding it hard to place large mortgage loans at the moment, with a resulting loss in revenue. That’s where largemortgageloans.com aims to help TMA members and their clients.”
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