I am in bankruptcy now, can I get a loan?
We are very active in the debtor in possession chapter 11 space doing loans in bankruptcy or as exit financing.
Who services your loan?
We do, you will be dealing with the same people.
How much of a down payment do I need?
It depends on the situation, we are collateral driven and focus on the value of the collateral, as well we allow our borrowers to use other real estate they own instead of a down payment.
What if my property is in foreclosure now?
Yes, we have foreclosure buy out programs!
Can I still get a mortgage with a foreclosure on my record?
Yes, this is one part of many parts of the deal, we look at the total situation.
Can I still get a mortgage with a bankruptcy on my record?
Yes, this is one part of many parts of the deal, we look at the total situation.
What if I can’t verify my income?
That’s ok, we understand that and have programs designed for this.
I don’t have good credit, will that prevent me from getting a mortgage?
While every deal is different, being a non-bank lender, most of our borrowers have or had credit issues, therefore, we focus on the future and on the property.
Bad credit? Credit problems?
We understand credit problems and challenges we work around them and focus on the future and the property. Credit problems are understood.
How long for my closing?
We can move very fast, it really depends on your time frame and we work to meet your needs.
