Source of deposit: Unsecured Loan

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates whether or not we will accept borrowers source of deposit as a loan. For example, a person is looking to put down a 5% deposit and borrow a 95% mortgage. The 5% deposit is a bank loan.

Policy Notes:

Family Building Society will not accept a deposit obtained via a unsecured loan.

Criteria categories:
  • deposits
  • Policy

Last updated:

29 August 2018

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