LendInvest retains top servicing rating

Published on

LendInvest has received the highest possible rating for the quality of its loan servicing from a European ratings agency for the third consecutive year.

ARC Ratings has affirmed for a third time its SQ1 Servicer Quality Rating for LendInvest following a comprehensive annual review of the company, its performance, processes and infrastructure. In particular, the rating assesses and rates the process used by LendInvest to originate, underwrite and service high-quality property loans.

The rating is based on a number of key factors including corporate governance, internal controls, due diligence, data disaster mitigation and the financial health of the company.

ARC Ratings stated: “This rating reflects LendInvest’s robust internal controls/systems, servicing experience in the real estate lending and collections industry, and recent financial performance. LendInvest has seen rapid growth since its creation in 2013,

“LendInvest has shown strong financial investment over the past four years during which it has consistently turned over an annual profit amid significant investment in the business.”

Christian Faes, CEO of LendInvest, added: “It is hugely gratifying to receive a top servicing rating from ARC Ratings for a third time in as many years. It is good to see the whole LendInvest team acknowledged and praised for the rigorousness and proficiency of the underwriting, and servicing processes we have always worked hard to develop and maintain.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Coventry cuts limited company buy-to-let rates for brokers

Coventry for intermediaries has reduced selected limited company buy-to-let rates by up to 20...

Paragon Bank introduces limited edition 60% LTV buy-to-let products

Paragon Bank has expanded its buy-to-let range with a new tranche of 60% loan-to-value...

TwentyCi hires Nick Huntley to lead sales at TwentyEA and TwentyConvey

TwentyCi has appointed Nick Huntley as sales director for TwentyEA and TwentyConvey as the...

HSBC cuts mortgage rates by up to 34bps across core ranges

HSBC UK has reduced mortgage rates across its product range, with cuts of up...

Atom bank reduces prime mortgage rates by up to 25bps

Atom bank has cut rates across its prime mortgage range by as much as...

Latest publication

Other news

The Coventry cuts limited company buy-to-let rates for brokers

Coventry for intermediaries has reduced selected limited company buy-to-let rates by up to 20...

Paragon Bank introduces limited edition 60% LTV buy-to-let products

Paragon Bank has expanded its buy-to-let range with a new tranche of 60% loan-to-value...

TwentyCi hires Nick Huntley to lead sales at TwentyEA and TwentyConvey

TwentyCi has appointed Nick Huntley as sales director for TwentyEA and TwentyConvey as the...