We have overseas mortgage lenders who will :- give 100% mortgages accept adverse credit history mortgages with no deposits.
Loans available for the majority of Nationalities for either House Purchase orre-financing for Home Improvement purposes only.
Type of Loan:Repayment Mortgage only
Minimum:a minimum purchase price of £40,000 with maximum of 90% of the valuation (90%LTV) in Maltese Lira or 80% in other Major Currencies
We have a flourishing 'self cert' scheme both in Sterling and Dollar. It's very popular and has the same interest rates as full status.
Proof of Income: It is a requirement in all cases that borrowers are able to provide proof ofincome. The definition of income may vary from one lender to the next, butgenerally comprises earned income, pension, rental income and investment income.Each lender may have a different approach in making allowance for a particulartype of income, when they establish the maximum loan available for a borrower.
Non-status loans are not available at this stage.
Term: Maximum 30 years - up to borrower being age 65
Currency:Maltese Lira or Sterling only
Current Variable Interest Rate in Maltese Lira:from 4.50%. Guide of 2.00% above LIBOR in other major currencies.
Malta Overseas Mortgage
Malta Overseas Mortgage
Megaliths, medieval dungeons and Calypso's Cave - Malta is positively mythic. The narrow cobblestone streets of its towns are crowded with Norman cathedrals and baroque palaces. The countryside is littered with the oldest known human structures in the world.
