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Bad credit and/or inability to prove income? I can help!
There was a time when bad credit and mortgages did not mix. Nowadays, even if you are currently in bankruptcy, you may be able to qualify for a home loan. The mortgage interest rate may be significantly higher but a new mortgage can open up doors and opportunities that more than offset the extra cost. Even if you cannot document your income (or prefer not to), you can get a mortgage in less time than you think!
Specialty home loans for special situations
I specialize in providing my clients with personalized, nonprime and Alt-A mortgage financing solutions. I work primarily with people who have bad credit (subprime credit) and/or income documentation concerns (limited income documentation). Please review the short list of program possibilties below:
- Low Score/No Credit Score OK
- 100% Stated Income, No Doc, No Ratio, Lite Doc
- Super Jumbos to $6 million
- High rise condo purchase/refinance home loans to 100% LTV
- Non-warrantable condos to 100% LTV
- 100% investor purchase (stated income, full doc, etc.
- Rural properties up to 15 acres
- First-time homebuyers OK to 100% LTV
- 100% mortgage financing for subprime borrowers
- Stated income salaried/wage earners with 600+ score
- 6% seller contributions for most closing costs
- One day out of bankruptcy to 100% LTV
- Foreclosure over 12 months accepted.
- Private Verification of Rent accepted
- No liquid assets/reserves on 100% LTV/CLTV
- 6 or 12 months’ bank statements same as full doc
- 40-year, 50-year, interest-only, and option ARMs (pick a payment mortgage)
- No seller seasoning
- Seller-held second mortgage to 100% CLTV
- Consumer credit counseling up to 100% LTV
- Mortgage only credit; mortgage payment history is credit grade
- Ignore collections/charge-offs; no need to pay off collections or charge-offs
- Etc, etc, etc...
These program niches are not cumulative; they apply to multiple programs.
As with most good things in life, restrictions apply... so call for details.
It's very easy to apply for a mortage; you may apply online or by telephone or by fax to get the process started. Let's work together on getting you the best interest rates available.
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