Loans after a credit event.
For borrowers with a recent bankruptcy, foreclosure, short sale or similar event. Programs with credit-event tiers set the seasoning and leverage that apply.
- Programs
- 2
- Score from
- No score
- Redondo
- LTV up to
- 90%
- Newport Non-Conforming
- Loans to
- $3M
- Newport Non-Conforming
2 programs take it.
Each program’s best score, LTV and loan amount with this documentation, at the tier shown under each. Largest loan first.
| Program | Limits |
|---|---|
| Newport Non-ConformingNon-QM · Newport family | 620+ score90% LTVloans to $3M90% at 740+ to $1M; $3M at 680+ and 75%; 620 allows 65% to $1M |
| RedondoNewNon-QM | No score score85% LTVloans to $1.2M85% at 700+ to $1.2M; $1.2M at 700+ and 85%; No score allows 80% to $1.2M |
Figures for this documentation only; a program’s card elsewhere shows its best across every path. One loan may not get all three.
Other ways to qualify.
Your next borrower. Our next conversation.
Bring us your next loan after a credit event.
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