StrideUp, the home finance startup focused on making home ownership more accessible, has launched two new products, Iman and IncomeMax.
These innovative mortgage alternatives are designed to cater to the unique needs of those who are seeking Shariah-compliant home finance or facing challenges in securing finance from traditional banks.
Iman, StrideUp’s Shariah-compliant home finance option, provides a responsible and ethical alternative for Muslim homebuyers who are looking for home financing that aligns with their religious beliefs.
Iman offers a flexible and transparent way to finance a home, without compromising on the principles of Shariah law.
IncomeMax, on the other hand, is a groundbreaking solution for individuals who are unable to secure sufficient finance from high-street banks.
IncomeMax leverages StrideUp’s flexible and humanised criteria to assess an individual’s income holistically, taking into account various income streams, and offers a tailored financing solution that meets their unique needs. The product empowers potential homebuyers who face financial hurdles to fulfil their dreams of owning a home.
Jon Sturgess, head of intermediary aales at StrideUp, said: “We are thrilled to introduce Iman and IncomeMax as part of our commitment to making home ownership more accessible.
“With Iman, we are offering a Shariah-compliant home finance option that provides a responsible and ethical solution for Muslim homebuyers as well as those who wish to refinance and with IncomeMax, we are addressing the needs of individuals who face challenges in securing finance from traditional banks especially through affordability.
“These products are a testament to our dedication to innovation and inclusivity in the mortgage industry.”
In addition to the launch of Iman and IncomeMax, StrideUp is also unveiling a new look and feel for its brand. The updated branding reflects the company’s mission of making home ownership accessible, while also bringing a fresh and modern visual identity to better serve its customers.
StrideUp’s new products, Iman and IncomeMax, along with the brand update, are now available for eligible homebuyers in the UK.
