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Read the full article here: http://www.crowdfundingpr.org/fruitful- ... crowdcube/

Last year Liverpool-based Fruitful successfully raised £140,000 for 8% equity in only two days on Crowdcube. Along with a private investment of £380,000, the company launched its new peer-to-peer lending platform today, on November 24, 2014. Fruitful is a platform for “everyday savers and full term commercial mortgage borrowers,” and is one of many companies starting to take advantage of the shift away from banks and toward direct lending.

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Mortgage brokers have access to a much wider variety of potential sources of mortgage financing, both conventional (through banks) and unconventional (other lenders). Thus they are ideal for anyone who may have weaknessess, limitations or other factors making the loan difficult to place directly through a bank.

For more conventional purposes, they act similar to travel agents, in that they will make the arrangements, prepare the paperwork and so on. They are usually able to "shop" the loan to many different potential sources. In theory, this allows the mortgage broker to find a loan on better terms than if the borrower sought such loans directly from lenders.

Great article. It covers a lot of questions, and yes, these days it's really hard to get a mortgage or even a loan, but it's even harder to return it. I have a friend that is looking for a Mortgage Advisor Cambridge because he wants to buy a property in another city. He has a job, but his income is not stable, so as much as I know, he was looking for alternatives, because banks have restrictions when it comes to a mortgage. I try to help him with information at least, but a lot of people want to get a mortgage lately, so the selection criteria are very high.

AlexWilliams wrote: ↑Thu Nov 19, 2020 11:06 pm Great article. It covers a lot of questions, and yes, these days it's really hard to get a mortgage or even a loan, but it's even harder to return it. I have a friend that is looking for a Mortgage Advisor Cambridge because he wants to buy a property in another city. He has a job, but his income is not stable, so as much as I know, he was looking for alternatives, because banks have restrictions when it comes to a mortgage. I try to help him with information at least, but a lot of people want to get a mortgage lately, so the selection criteria are very high.

I enjoyed it as well and I'm looking forward to getting a mortgage as well. Thanks for the recommedation.