NO SEASONING on credit events
Tired of hearing you have to wait 3-7 years after a credit event to get financing? Drop Mortgage has the solution for you and your clients!
DROP Mortgage is bringing these "risky" buyers back into the housing market some seven years after the mortgage meltdown. NO SEASONING on any credit events allows borrowers who have recently gone through a foreclosure, short sale or bankruptcy—but who they say are safer than their credit profiles suggest still qualify in today' market. Drop Mortgage is able to approve borrowers in as little as a few months or even weeks after a foreclosure or Short Sale.
DROP Mortgage- We were founded on the principle that underwriting should "Make Sense" and that a personal touch is never overlooked. The problem with mortgage lending in today’s market is if you don't fit in a conventional box, your loan will most likely be denied. At DROP Mortgage, Inc. we take a common sense approach to underwriting and understand the true potential of a self employed borrower. We want to understand you and your financial story, so we may tailor mortgage solutions to your needs. If you have compensating factors or can demonstrate the ability to re-pay in an unconventional way, we want to approve your loan. We understand the financial crisis still plays a part in your world and today’s market, if you are able to express hardship; we are also able to work around major credit events.
Feel free to call or email me to discuss any scenario’s you may have
619-518-1998