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Can someone with bad credit apply for an Islamic mortgage?

April 26, 2017bad credit Islamic mortgage

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Can someone with bad credit apply for an Islamic mortgage?

1 Answer

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All lenders will undertake a credit reference check through an approved credit reference agency. They will then look at your circumstances, namely your income, profession, credit history, size of deposit etc. Upon which, they will then make a decision on the basis of the information which they will have in front of them. All cases are dealt with on an individual basis.