Exit
0 XP 0
MRT 1 · Unsuitable Borrower Categories
0 / 3 Learn
Unsuitable Borrower Categories
Common categories of ineligible borrower and why lenders exclude them.
Learn
Unsuitable Borrower Categories
Lenders have categories of applicants they will not lend to. Understanding these exclusions is important for mortgage advisers to avoid wasting clients’ time.
Question 3
True or false?
Lenders have categories of applicants they will not lend to
Learn
Key points
Typically ineligible borrowers include Note: “Non-status” lending (lending without full credit assessment) is no longer permitted under MCOB rules.
Question 5
True or false?
Typically ineligible borrowers include
Learn
What the exam tests
Common categories of ineligible borrower and why lenders exclude them.
Question 7
True or false?
Common categories of ineligible borrower and why lenders exclude them