Traditional Agency type home loans, requires a mandatory waiting period after a Bankruptcy, a Foreclosure or a Short Sale before a borrower can be considered for a Home Mortgage. The Non-Agency loans offered by New Castle Mortgage Do Not have this requirement. There is no waiting period. You can now qualify for a Home Mortgage one day out of Bankruptcy, Foreclosure or Short Sale.
- Qualify 1 Day out of BK, Short Sale, Foreclosure
- Credit Scores as Low as 500
- Up to 80% LTV
- Up to 50%DTI
- Loans up to $1,000,000
- Owner Occupied, Second Homes, and Investment Properties
- No Prepayment Penalties for Owner-Occupied and Second Homes