Defaulted on a home in the last 3 year? We can help!
If you’ve had a foreclosure, short sale, or given a home back to the bank via deed in lieu in the last 3 years, you may not think you can qualify to buy a home for another 3 to 7 years. However, we have options in place that can give you get the chance to buy a home of your own again immediately…
We give borrowers an alternative mortgage solution when they have less than perfect credit, no credit, or are looking to purchase vacant land. It’s an excellent option for a borrower with a previous bankruptcy or short sale. No Seasoning is required on the credit event.
Self Employed, ITIN, SSN, Full and Alternative Income Doc accepted (P&L only, Bank Statements, Ready Asset (NIVA) or Asset Depletion).
There are specific guidelines that must be followed to qualify, including:
- LTV up to 80%
- DTI up to 55%
- 12 Months Income Documentation
- ITIN and Self-Employed Borrower Allowed
- Most Property Types Accepted
- Gift Funds Allowed
- Competitive Rates
- Other Program Requirements Apply
With over 18 years of experience in nontraditional mortgages and jumbo loans, I will work with you to ensure you can purchase the home of your dreams again, no matter your specific situation.