Bankruptcy
There are programs available for borrowers that have had or are in a Chapter 7 or Chapter 13 Bankruptcy. Some of the more aggressive programs would like to see that the bankruptcy has been discharged for at least 2 years and that all of the credit has been paid on time for 2 years.  Programs are available that allow a borrower to refinance out of a Chapter 13 bankruptcy. There are quite a few programs available that allow a borrower to buy a house one day out of bankruptcy. This helps to reestablish credit and help you get back on track to better financing options.

Foreclosure
Believe it or not there are loans available for borrowers that are currently in foreclosure or have been previously. Ideally, the lender would like to see the foreclosure is seasoned for 3 years and no late payments since the date of the trustee’s sale. If you are having trouble keeping up with your payments there are a number of different choices but each situation needs to be analyzed to make sure that the loan is going to be improve your situation.

Tax Liens
We have programs that allow you to purchase or refinance your house with tax liens. Programs with better rates like to see that the borrower is in a repayment plan while others programs do not require that the tax lien is paid at all.

Mortgage lates & consumer debt lates OK
Sometimes bills just don’t get paid on time. We have programs with up to 100% financing available for borrowers with delinquent accounts.

Debt Consolidation Loan
If you're feeling pinned against the wall by credit card bills or other high interest payments, a debt consolidation loan may be just what you need. You can consolidate all your bills into one low monthly payment. The principle behind the debt consolidation refinancing is that you can borrow one lump sum to pay off your creditors and then are left with 1 monthly payment.  This monthly payment should be lower primarily because mortgage rates are much lower than auto loans, credit cards, and most other consumer debt.

107% and 103% LTV Loans
The 107% and 103% Loan to value loans allow the homeowner to borrow more than what their house is worth by 7% and 3%. Obviously, there is more risk for the bank so the borrower needs to be strong but this can be useful loan to consolidate high interest debt and improve monthly cash flow.

100% Cash Out Loan
This program allows you to borrow 100% of the value of your home. Some programs allow 100% cash out without requiring the borrower to payoff any debt. There are programs available that allow us to use the appraised value after 6 months.