Hi, me and my partner want to get a personal loan of 25,000 to pay a deposit on a mortgage. Can the loan be used for this?
Can you use a personal loan to pay a deposit on a mortgage?
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Verified Answer
Your Community ExpertVerified Answer@PauloMarques Hey there, thanks for getting in touch!
As a Mortgage is a secured commitment, we're not able to lend for that purpose I'm afraid.
I hope this clarifies things for you.
If you need to ask a question about a Tesco Bank product, you can make a post in Help & Support here
ChristopherP
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