Our lenders know that there are
instances where even the most responsible individuals are placed in
a position where they are NOT capable of meeting their monthly
obligations. Layoffs, downsizing, marital difficulties, health
issues, overextended credit. There are many reasons that cause
obligations to be paid late. Some will eventually lead to personal
bankruptcy. While not all lenders will want to lend to those who
have had problems in the past, non-conventional financing is
available. In these instances, underwriting guidelines are somewhat
different. It is important that you be capable of demonstrating that
whatever situation that caused the late payments be cured.
Non-conventional financing usually requires a somewhat higher equity
positions.
Check out
our Price Calculator. Click on "Price Calculator" link on the
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