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Purchase 1 Day After Short Sale, Foreclosure or Bankruptcy

By
Mortgage and Lending with E Mortgage Management NMLS ID # 214834

If you have a recent foreclosure or have had a short sale on a property in the last 4 years you already know that you do not qualify for conventional financing in the State of Florida. I have a solution for you and have answers for completing your mortgage needs in todays market

I can complete a 30 year fixed mortgage for you one day after a short sale or foeclosure and the requirements are quite simple with no hoops to jump through

Portfolio Program Guidelines

1. One Day Out of Foreclosure, Short Sale or Bankruptcy

2. Credit Scores Starting at 500

3. Owner Occupied, 2nd Home or Investment Properties

4. 30 Year Fixed Mortgage with NO Prepayment Penalty

5. Loans up to $750,000.00

6. Max Debt to Income is 50%

7. Max Loan to Value is 80%

8. Gift Funds are Allowed up to 6% On a Primary Residence

9. Property Types Allowed - Single Family Home, Townhome & Condo

10. 24 Months Bank Statements Allowed For Self Employed Borrowers

11. Foreign Nationals Allowed

If you are seeking a home and have been turned down then please contact me for all of the details, rates and fees for this very limited loan program for the State of Florida Only..

Please click on my personal website for more information http://www.mortgagestampa.org or contact me @ 813-489-5689 for more information or to assist you in getting started on your home purchase.

Jason R Hands
Bay to Bay Lending, LLC
501 S Dakota Avenue, Suite 2
Tampa, FL 33606
813-489-5689 - Direct
813-385-1109 - Mobile
1-866-216-6322 - EFax
www.mortgagestampa.org  

NMLS Originator ID: 214834 FL # LO562

Comments(2)

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Bill Reddington
Re/max By The Sea - Destin, FL
Destin Florida Real Estate

Sounds like a great program. You mentioned lots of thing except for the interest rate. Curious about that. 20% down might be interesting also.

Oct 21, 2014 10:33 AM
Jason Hands
E Mortgage Management - Tampa, FL
Purchase Specialist - www.jasonhands.emmloans.com

Rates are from 7.49% to 8.49% on a 30 year fixed with no prepayment penalty so your buyers could refinance after the Fannie Mae/Freddie Mac/ FHA or VA waiting period

Oct 21, 2014 10:36 AM