YOU CAN BUY 1 DAY AFTER A BANKRUPTCY! http://www.florida-mortgage-lenders.com/
FLORIDA BAD CREDIT MORTGAGE PROGRAMS INCLUDE:
No Seasoning after a short sale or foreclosure.
Up to 80% Loan to Value.
Credit Scores Start at 500
Loans up to 1 Million.
WE APPROVE FLORIDA BORROWERS TO PURCHASE 1 DAY AFTER A FLORIDA FORECLOSURE SHORTSALE OR BANKRUPTCY FILING.
PORTFOLIO ADVANTAGES INCLUDE:
One Day Out of Foreclosure, Short Sale or Bankruptcy
Credit Scores Starting at 500
Florida Owner Occupied, 2nd Home or Investment Properties
30 Year Fixed Mortgage with NO Prepayment Penalty
Loans up to $750,000.00
Max Debt to Income is 50%
Max Loan to Value is 80%
Rates Start at 7.5%
Gift Funds are Allowed up to 6% On a Primary Residence
Property Types Allowed - Single Family Home, Townhome & Condo
24 Months Bank Statements Allowed For Self Employed Borrowers
Foreign Nationals Allowed
Most borrowers understand that your credit score takes hit after foreclosure or bankruptcy and they expect to pay slightly higher interest rates for a bad credit mortgage. Smart bad credit homebuyers see the value in buying VS renting and want to buy immediately after a foreclosure or bankruptcy. Then after 2-3 years of timely payment history you can get out of the refinance out of the bad credit Florida mortgage into and FHA mortgage a the best rates available.