Forgotten Your Password?

Need to Register?

Question Icon

where can I get a mortgage one day after foreclosure.

by haynesarchitect954 from Port Chester, New York. Dec 24th 2015 Reply


Ted Ark (tark@goldmortgage.com)
#31 ranked lender in New Jersey - 35 contributions

I know of a lender who will provide financing 1 day after foreclosure settlement. A non-qualified mortgage, for short sales, foreclosure, bankruptcy or modifications. Down payment requirements start at 20%. Income, assets and employment must be documented. Including a letter of explanation for foreclosure. No prepayment penalty. Rates and down payment are a function of credit score and payment history. The rates start at and points are required.Good luck.Ted ArkGolden Mortgage Corptel 908-722-9217

Dec 24th 2015
1
0
William J Acres (William_Acres)
#73 ranked lender in Arizona - 8,726 contributions

There are many Hard Money lenders who offer this type of product, but expect the down payment and interest rates to be very high.. as well as absorbent loan origination fees.. But don't think that they will just approve anyone.. they also have guidelines for acceptable borrowers.. and each lender will have different requirements, so if one say's no, check with another.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347

Dec 28th 2015
1
0
Subscribe to our news feed.