In addition to the market leading rates already on offer, a new range incorporating Bank Base Rate discount tracker options is now available.
The New Non-Conforming Range has these key features:
* Discounted base rate tracker, starting at just 4.85% (discounted for 6 months from completion)
* 2 year 'no tail' fixed rates, starting at just 6.15%
* Early redemption charge applies for just two years on all options
Available on a full status and self cert basis
* Loans available to 90% LTV (85% for self cert)
* Range of product options to meet varying levels of adverse credit - from 'Near Prime' to 'Unlimited' catering for a wide variety of circumstances
* All products revert to margin over the Bank of England Base Rate for greater transparency
Jeff Knight, Head of Marketing Services at GMAC-RFC, says: "GMAC-RFC is one of the largest lenders in the UK and well positioned as an all status lender. This enhancement to our product range will now strengthen our position as the champion of the non-conforming market."
"Our new products compliment our popular Non Conforming Menu, giving intermediaries even more choice to find the best product for their clients. It's a simple, straightforward and very competitive range that will be easy to find on the mortgage sourcing systems." continues Mr Knight
