No Wait After Short Sale or Foreclosure to Buy a Home! (Not FHA Back to Work)

Mortgage and Lending with Change Home Mortgage NMLS 1019442
Many potential home buyers are asking "How long do I have to wait until I can buy a home again after a short-sale or foreclosure?"

The answer is there is "NO WAIT PERIOD" after a Short-Sale or Foreclosure with our new portfolio 2nd chance loan. Up until now there has been very limited financing options for those who have unfortunately lost thier homes to foreclosure or short-sale. This program is not the recent "FHA Back to Work" program that has many stipulations and will not work for most people. It is a fully underwritten portfolio loan.

Here are the details -

  • Owner Occupied Purchase or Rate and Term Refinance
  • 660 Minimum mid FICO
  • 5/1 and 7/1 LIBOR ARM
  • 80% LTV
  • Mortgage Lates Acceptable
  • 2 years after Bankruptcy
  • One "Event" acceptable in past 5 years (Foreclosure, Short-Sale)
    Available in AZ, CA, DC, HI, MD, MT, NV, NY, NC, OR, SC, VA, and WA

We have great rates on this because it is not a hard money loan. This is a fully underwritten portfolio loan.

Apply for a home loanContact :
Craig Bosse
(925) 381 6577
Mission Hills Mortgage
NMLS # 1019442

Comments (3)

Katerina Gasset
The Gasset Group & Get It Done For Me Virtual Services - Provo, UT
Amplify Your Real Estate & Life Dreams!
Excellent article you have here Craig. Continue on what what you are doing and Keep it up!
Nov 02, 2013 11:21 PM
Barbara Gregus
CARES Consumer Advantage Real Estate Services - Sandia Park, NM
Sandia Park Paa-ko Homes
 This is very informative and will surely prove helpful to all readers out there.
Dec 24, 2013 10:10 AM
Waynette Hoover Araj
Keller Williams Realty - Asheboro, NC
Connecting your Dreams with the Right Real Estate
Hello Craig, informative post. Hope to hear many more informative articles like this in the future. Keep it up!
Mar 25, 2014 12:08 AM