Brilliant Solutions has announced the addition of Selina Finance to its panel.
The move will see Selina offering its flexible second charge mortgage products to Brilliant Solutions’ membership of directly authorised (DA) brokers.
Selina offers flexible second charge mortgages that can be used as a traditional term loan or flexible drawdown facility, with rates starting at 3.95% and loans available up to a maximum LTV of 80%.
These loans will now be available to members of Brilliant Solutions, which operates as a direct to lender mortgage club with a secured lending packaging arm for second charge lending. Brilliant Solutions supports mortgage advisers and IFAs across the UK and has BDM coverage across the country.
Selina key account manager, Stacey Woods, said: “We're excited to join forces with Brilliant Solutions. They are a fast-growing firm with a national presence and their packaging team have shown themselves to be really knowledgeable and engaging so far.”
Brilliant Solutions managing director, Matthew Arena, added: “Selina Finance has a unique second charge offering and have emerged this year as a popular option for borrowers looking for flexible funding. Our members have expressed a lot of interest in Selina’s products and we're close to processing our first completions, so we're hopeful this is the start of a fruitful relationship.”
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