What if I told you that a bank will loan to you, even if you’ve had a short sale, a foreclosure, or a bankruptcy? Sounds too good to be true in this crazy lending environment, but it’s not.
There is ONE bank that is willing to carefully underwrite files, looking at all circumstances, and with just 2 main criteria:
1. You must have income, and the ability to afford your monthly payments.
2. You must have a 20% down payment toward the purchase of your new home. This can be gifted to you, but you must come to closing with 20% down.
If you meet the criteria above, and are subsequently approved for a loan with this lender, you can purchase ANY home on the market, not just those offering seller financing.
are very reasonable, currently 6-6.5%. This is not a mass marketed product, it’s small volume from a small lender so they can pay attention to every customer.
I receive no compensation from this lender, I just want to make sure that my clients know about this option now available to them. For some people, this may be a better option than seller financing.
If you want to know more, please call Alex at (480) 442-7325 and if it sounds like a good fit, I can make the introduction.
I am not a lender, I am a real estate agent. This is not a solicitation for a loan program, and I receive no compensation for loan origination. Information is deemed to be accurate, but is not guaranteed, and must be verified by all parties concerned.