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First Direct has suspended mortgage lending to new customers after being swamped by applications following moves by rival banks to pull similar mortgage deals because of worsening conditions in the.
“There’s more and more people seeking private loans than ever before and that’s a direct result of government making it more and more difficult to qualify,” says Dan Caird, a mortgage agent with.
The ING Direct loan is called a 5/1 Orange Mortgage, and as of early. whatsoever,” said Bill Higgins, ING Direct's chief lending officer, who.