I see this is fairly old but not sure if you still need this. I have two portfolio options. The first is one year after foreclosure or BK you can finance but the loan to value must be around 80%. The second option, has no seasoning so a day after is fine, but the rate is much higher than the first option. Both options, do not include a prepay, they are fixed for a period of time that you elect, and cheaper than a hard money lender.
Call me if you have more questions, I specialize in this and have over $3mil closed this year so far of portfolio loans.
Feel free to click on my picture and we can talk about it, There is no obligation or cost to that.
Sr. Mortgage Banker
NMLS # 659743
1. FHA, only requires 3 years after transfer of title.
2. VA, only requires 2 years after transfer of title
3. portfolio restart programs, these have a limited seasoning period. They usually require 20% down.
Email me at firstname.lastname@example.org to discuss in detail.
Do you have VA eligibility? Do you have any past military service? If so, there are options. I will investigate as to other portfolio produces that may have options for you.
I am an a open book and a wealth of knowledge, feel free to email, call or text me with questions.
To gain insight as to who I am, how I conduct myself and how I take great care of my clients, please refer to my recommendations on Trulia.
Neal I. Akin - Realtor
The Akin Real Estate Team
Coastal Premier Properties