Sub Prime Residential Mortgage Programs
Sub Prime Residential Mortgage programs for any situation that makes economic sense!
781 727 5870 cell phone
9am-6pm EST, 7 days per week.
Call Us Now!
Sub Prime Mortgage Programs
First and Second Mortgage Programs available!
Sub Prime refers to mortgage programs in which the borrower
is not able to meet Fannie Mae mortgage lending standards.
It may be because of previous bad credit.
It may be because of employment history,
income verification problems, or some other temporary problem.
The rate is always higher than a conventional mortgage.
The only time you should consider a sub prime mortgage
is if you are not eligible for a conventional mortgage!
We do not have any conventional residential mortgage programs!
All our programs are for situations in which the borrower
cannot get a conventional residential mortgage loan.
We have programs for people with bad credit!
However, if the bad credit situation has been a life long problem;
you are not getting a mortgage.
Bad credit programs do not mean chronic deadbeat mortgages!
We go as low as a 500 FICO score.
Every program requires that you put down at least 20% of the purchase price,
or in the case of a refinance that you have at least 20% equity in your property.
We do not have any 100% finance programs for purchases!
We have stated income programs!
These programs are getting tougher to qualify for, but let's talk.
We do not have any Sub Prime Residential Construction programs!