Sometimes financial events occur which take time to recover. These can include missed payments, bankruptcies, and/or housing events such as foreclosure, all which impact credit options. People who experience these hiccups quickly find that there are home lending restrictions and waiting periods due to such misfortunes.
That doesn’t mean you’re out of luck completely. There are lenders willing to give another chance to those recovering from credit blips and the loan terms are very reasonable. Customers can still purchase and refinance even if they are 1-day removed from missed payments, bankruptcy, and/or housing events.
Will you have the same terms as a person who has not recently experienced these events? No. But they’re still reasonable and normally a temporary option until recovery has been reached. And don’t worry, we’re here to help you find the right solution now and once you’re recovered. We don’t consider any solution to be the best forever, but we believe solutions are great when they get you to a better one. Let us help you today, and tomorrow, move closer to financial stability and freedom.