Home Loans and Mortgages – ING Direct
Consumers choose ING Direct for their home loan and mortgage requirements for a number of good reasons. If you have taken a mortgage or home loan at ING Direct, you can easily check interest rates and mortgage balance, view payment histories, arrange underpayments or overpayments regularly, request holidays from repayment, and change your telephone number and address online.
ING Direct also offers world class features such as online mortgage calculators, which you can use to calculate the amount of money you have to pay monthly. You can always call ING Direct at 0845 603 8888 to activate an existing pin, request a new pin, make repayments, and amend payment type or term of payment. You can also switch your existing ING Direct home loan or mortgage product although Early Repayment Charges (ERCs) apply.
Here are some popular ING Direct home loan and mortgage products.
Fixed Rate Mortgages
Fixed rate mortgages with free daily administration allow you to plan your budget and pay off your loan easily. They are the most consumer friendly mortgage products offered at ING Direct. However, ING Direct offers these products for a limited period only and you should be alert enough to grab a mortgage product suited to your financial condition. You can take loans or mortgages in the range of 50,000 to £1,000,000 and pay them off within a fixed period of time.
ING Direct also offers mortgages without booking or product fees for a limited period. You can choose from products such as 2-year fixed rate mortgages, 3-year fixed rate mortgages, and 5-year fixed rate mortgages.
You can apply for fixed rate mortgages online or on phone and get a quote in no time. You can also track stages of your online application using a special feature called ING Direct Mortgage Application Tracker.
Tracker Rate Mortgages
Tracker rate mortgages are ideal if you are planning to get a remortgage or purchase a house. ING Direct offers online quotes and initial decisions in just a few minutes. ING Direct mortgage products are easy to understand and straightforward; they are absolutely free of technical jargon that can mislead consumers.
Besides, consumers seeking a remortgage are given free conveyance and evaluation services. The entire process of remortgaging is kept crystal clear, simple, quick, and free from confusing technical terms.
ING Direct offers variable rate mortgages too. If you wish to apply for an ING Direct mortgage product, you must first ensure that you meet ING Direct’s lending criteria. Some of these criteria are that you should be between the age of 18 and 75, reside in the UK, have a 3-year address history, be employed for the past 6 months and able to produce your latest salary slip, be self-employed and able to produce tax assessments of the past 2 years and bank and business statements of the past 3 months, have a flawless credit history, and so on.
To know more, you can call ING Direct’s customer care service on 0800 032 8822 free of charge.