Fresh Start Loan Program

Over the past few years, many hard-working people who lost their homes or filed bankruptcy due to a layoff or reduced income have since rebuilt their credit and are able to demonstrate their ability to repay.

For these borrowers who may be unable to obtain mortgage financing due to seasoning or other requirements, Fresh Start may be the lending solution they have been looking for.

Fresh Start includes these buyer-friendly options and features:

  • No seasoning requirement for bankruptcy, foreclosure, deed-in-lieu of foreclosure or short sale
  • No mortgage or rental pay history required
  • Minimum FICO 580
  • DTI up to 50%
  • LTV up to 85%
  • Loan Amounts from $100,000 to $1,000,000
  • Purchase, Rate Term, Cash-out refi and Debt consolidation
  • 5/1 ARM and 30 year Fixed options available
  • No Pre-Payment penalties
  • Maximum cash back $350,000

Speak with a loan professional today to see what options make the most sense for you.