Recent BK, Foreclosure & You Want to Buy a Home
Non-Prime Recent Housing Event loan features:
- 1 day after completion of a Bankruptcy, Foreclosure, or Short Sale
- Minimum credit score 500
- Up to 80% loan to value (20% down payment)
- Maximum loan $1 million; minimum $75,000
- Gift funds OK
- Owner occupied, 2nd homes, and investment properties
- Single Family, 2-4 units, Townhomes, and Condos.
- With a score of 680, as little as 15% down
- Rates starting in the low 6’s
- No prepayment penalty for owner occupied or 2nd homes
Call 847-441-4116 for more information about these loans.