Since 1998 Springfield Mortgage has been helping borrowers with every credit profile from the very well qualified to serious credit challenges. We understand that good loans for good people get denied every day. At Springfield Mortgage we use primarily Government loans like FHA, USDA and VA with LOW RATES and LOW downpayments. As a broker we have relationships with lenders who consider scores as low as 500 for these programs. Our fee is normally paid by the lender, and we are only paid when your loan closes.
If you have not had a foreclosure in the last three years, a chapter seven bankruptcy in the last two years and no collections or thirty day lates in the last twelve months you may qualify for these low interest, low down payment Government loans. In some cases, such as VA and USDA no downpayment is standard.
Even if you have these challenges in the last three years there are still non government programs available with higher rates and downpayments. We encourage you to explore your options if you are serious about a new home loan. Often, when an applicant is not in a position to act now we can help you make a game plan for next three, six or twelve months.
Perhaps there are other issues preventing your loan approval. Do you have debt ratio or income documentation problems ? Unusual property types? Proof of employment ? Sourcing and seasoning of funds ? Liens ? Judgements ? Lawsuits ? Garnishments ? Child support ? We have experience with these and many more challenges.
There are no upfront fees and no obligation. Your privacy is important to us. We sell your information to no one. To see where you stand please fill out our online application.
|Contact Springfield Mortgage to find out more about the products and services we can provide.