V Loans increases underwriting capability as business grows
By Bridging Loan Directory -
V Loans, the national secured loans packager, has expanded its in house underwriting capability with the appointment of Frances Ravenhill to join V Loans’ team at its Wilmslow Head Office.
Frances is an experienced underwriter, whose previous companies include Compass Finance and Blemain Finance, both in senior underwriting positions.
V Loans, which has seen a sustained increase in enquiries and applications since the last quarter of 2011, is enjoying its best start to the year since its inception in 2008. According to Marie Grundy, Operations Director at V Loans, the appointment of Frances provides the company with a major advantage in developing its service to intermediaries.
Marie said, “V Loans is growing and we are delighted that someone of Frances’ calibre has joined us. Not only does she bring us huge experience of underwriting secured loans, but also with her on board we have the capability to expand further by bringing in talented individuals whom Frances can train. Our introducers and lending panel will be delighted to see that our already legendary service is now set to go to the next level.”
Frances Ravenhill commented “ I have worked with Marie and David when I was a senior underwriter at Compass Finance, and I am thrilled to become part of the V Loans team. I am sure my experience of underwriting for major secured lenders will be of considerable benefit to V Loans’ introducers. With secured loans becoming even more important to customers now that there are more and more restrictions within the first charge market, such as the withdrawal of interest only mortgages, I can see that V Loans is going to be even busier providing options for intermediaries.”