Low Credit Rating
Speak With a Professional Loan Counselor About Your Situation Now!!!
Call Tim Glancy at (828) 266-1575.
Email Tim...*click*
Alternative Programs
No money Down
We have programs for buying a home with no down payment. You can actually finance up to 107% of the purchase price to include the closing costs, and consolidate debt to lower your monthly payments
Speak With a Professional Loan Counselor About Your Situation Now!!!
Call Tim Glancy at
(828) 266-1575
Email Tim...*click*
FAQ
Q: Can I get a loan if I have a foreclosure in my past?
A: Yes, at least 1 year must have passed since the foreclosure to get a loan, and the further back it was the easier it gets to get approved
Q: Do I have to payoff collections, charge offs, judgments, or tax liens?
A: We have programs that allow all collections and charge offs to remain open. Paying off judgments will be determined by the date and size of the judgment. Tax liens will always have to be paid prior to your loan closing because they are a lien that transfers to any property you buy
Q: What is the difference between stated income, and no doc loans?
A: Stated income loans require verified employment and down payment, but the income is accepted as stated on the application. For the No Doc loans, we do not verify income, down payment, or employment. The no doc loan carries a slightly higher interest rate and is available with or without mortgage insurance
We have programs to provide financing for those who's past credit ratings does not allow for conventional financing to be approved. Ranging from low scores due to minor derogatory credit to more severe credit problems such as recently discharged bankruptcy or foreclosure. Collections in many cases may remain open depending on type and date filed
Limited Credit
We now have programs that allow for limited credit and offer borrowers the opportunity to "build" a credit profile using non-traditional credit such as insurance and utilities that are being paid. These programs also offer the ability to qualify with a co-signer
Credit Scoring
If credit scoring is sufficiently high, there are programs that allow us to disregard consumer credit late payments. This includes all borrowers on the application including co-signers
Speak With a Professional Loan Counselor About Your Situation Now!!!
Call Tim Glancy at (828) 266-1575.
Email Tim...*click*
Alternative Programs
No money Down
We have programs for buying a home with no down payment. You can actually finance up to 107% of the purchase price to include the closing costs, and consolidate debt to lower your monthly payments
No verifiable income, down payment, or employment
We have programs for those borrowers who can not verify income with tax returns or W2 forms, for borrowers who have available money for a down payment but it comes from a source that can not be verified, and even for borrowers that can not verify that they are employed. The qualifying for these loans is based on the credit history reflecting that they have had no difficulty meeting their credit obligations in the past
We have programs for those borrowers who can not verify income with tax returns or W2 forms, for borrowers who have available money for a down payment but it comes from a source that can not be verified, and even for borrowers that can not verify that they are employed. The qualifying for these loans is based on the credit history reflecting that they have had no difficulty meeting their credit obligations in the past
No Mortgage Insurance
We can finance greater than 80% of the value or purchase price on certain programs without the monthly cost of mortgage insurance
We can finance greater than 80% of the value or purchase price on certain programs without the monthly cost of mortgage insurance
Cash out Refinances
Maximize the use of the equity in your home by financing up to 107% of the value of the home to pay off credit card debt or other loans to save you money
Maximize the use of the equity in your home by financing up to 107% of the value of the home to pay off credit card debt or other loans to save you money
Speak With a Professional Loan Counselor About Your Situation Now!!!
Call Tim Glancy at
(828) 266-1575
Email Tim...*click*
FAQ
Q: Can I get a loan if I have a foreclosure in my past?
A: Yes, at least 1 year must have passed since the foreclosure to get a loan, and the further back it was the easier it gets to get approved
Q: Do I have to payoff collections, charge offs, judgments, or tax liens?
A: We have programs that allow all collections and charge offs to remain open. Paying off judgments will be determined by the date and size of the judgment. Tax liens will always have to be paid prior to your loan closing because they are a lien that transfers to any property you buy
Q: What is the difference between stated income, and no doc loans?
A: Stated income loans require verified employment and down payment, but the income is accepted as stated on the application. For the No Doc loans, we do not verify income, down payment, or employment. The no doc loan carries a slightly higher interest rate and is available with or without mortgage insurance