What are Self Employed Nemo Loans?

Self Employed Nemo Loans

If you are Self employed and have previously tried to apply for a loan, you may have found that more often than not, you would come up against a brick wall.

Without a fully up to date set of accounts, you would really struggle to get anyone to lend you money. Even if you had accounts, you would have been restricted to borrowing up to 75- 80% of the value of your property! (a combined borrowing of your existing mortgage and the new loan).

Most self employed people utilise the very fact that they are self employed for tax advantages, and their accounts do not necessarily reflect the true earning potential of an individual.

Nemo Personal Finance: The Rules Have Changed

With the recent launch of a new Lender into the market place, "Nemo Personal Loans", all that has changed. Self-Employed homeowners can now borrow up to 100% of the value of their property without having to prove their income with accounts (applies for incomes up to £50,000 per annum. Incomes greater than £50,00 may need a letter from an accountant stating affordability), true self certification loans!

Nemo Loans Their History

Nemo Personal Loans is the product of a coming together of the secured lending arm of the Principality Building Society, and a leading independent loans broker. Having been in the business of loans from both sides of the coin, Nemo Loans could see the need for a brand new financial product to cater for the Self Employed.

Elegibility

To qualify for a loan from Nemo Loans, you will need to have been self employed for at least 12 months, have a relativley good credit history and own your own home.

The rest is easy. Just complete our simple application form by clicking on the link below, and leave the rest to us.

You will receive a call from us to make sure that the application is genuine, and to confirm a few details. From that point on, we take over the whole process. We will request and pay for any valuation that might need to be carried out, and also any references, keeping you informed all the way through the process.

We will then chase every aspect of your case through to a speedy pay out. So if you are seriously looking for a loan, whether you are self-employed or not, click the link below and complete our short application form. Let the experts do the work for you.