As of late I have been getting requests from borrowers that have experienced either a bankruptcy, foreclosure or short sale.   There really haven’t been great options…… Until now!
This new program is called Fresh Start.   The Fresh Start product is just that – it’s designed to help borrowers buy or refinance a home after a bankruptcy or foreclosure, but have since rebuilt their credit.

Here a few bullet points this product offers:

  • Loan amounts up to $1M
  • Minimum credit score 580
  • 100% gift for down
  • Higher Debt to Income Ratios
  • No seasoning requirement for BK, foreclosure, short sale
  • Purchase or rate & term
  • cash-out refinance with a max cash back of $350,000
  • No pre-payment penalties

Please call me or fill out your information under my Resources tab, and we can discuss your loan scenarios to learn more about this program and others designed to fit your needs.

  • 925-785-4200