Credit Challenge Mortgage Solutions
Past credit events don't define your future. Non-QM programs offer financing within days of a bankruptcy, foreclosure, or short sale.
Overview
Life happens. Bankruptcy, foreclosure, short sale, and credit setbacks are more common than most people realize. Traditional lenders require long waiting periods (2–7 years) before you can qualify again. Non-QM lenders take a different approach — many programs are available within 1 day of discharge, with down payment and credit score being the primary qualification factors.
Common Challenges
Here's what often makes financing harder — and how we solve it.
Waiting Periods
Conventional, FHA, and VA enforce 1–7 year waiting periods after credit events.
Low Credit Scores
Credit events can drop scores below conventional minimums.
Limited Options at Banks
Most banks and retail lenders can't offer non-QM programs.
Recommended Programs
Loan programs designed for your situation.
Qualification Tips
Start rebuilding credit immediately — secured credit cards, small installment loans, and on-time payments help.
Be prepared for higher down payments (20–30%) on non-QM programs after credit events.
Build cash reserves — strong reserves are a compensating factor for credit challenges.
Be honest and upfront about your credit history — your advisor needs the full picture to find the right program.
Consider FHA if you're 2+ years post-bankruptcy — it often offers competitive rates for rebuilding borrowers.
How to Get Started
Your path to homeownership — simplified.
Credit Review
We review your credit history, events, and current situation honestly.
Program Match
We identify which programs fit your timeline and credit profile.
Pre-Approval
Get qualified and start moving forward.
Frequently Asked Questions
Non-QM: 1 day after discharge. FHA: 2 years. VA: 2 years. Conventional: 4 years (Chapter 7) or 2 years (Chapter 13).