Fresh Start Loans – Purchase and Refinance
1st Eagle Mortgage can give you more choices with the “Fresh Start” program. Even if you’ve had a bankruptcy, foreclosure, or short sale 2 years ago.
This program allows you to purchase a home for yourself or as an investor 24 months after one of these events. Some key features of the loan are:
- Rates starting in the low 5’s
- Up to 90% loan to value (10% down)
- Loans up to $2 million
- Credit scores down to 640
- 100% gift funds allowed
- Debt to income up to 50%
- Owner occupied, 2nd homes, and investment properties
- Interest only program available
Call 847-441-4116 Today to discover if you are eligible to take advantage of this new available mortgage product!
And, for self employed borrowers, we have a bank statement option where we don’t need income documents or tax returns. Call Today.