We believe in offering people a fresh start… we even can help people save their home from foreclosure…www.newenglandregional.com is a lender..not just a broker.
What that means is that we have extra flexibility in how we design loan programs for people who have suffered bankruptcy or bruised their credit.
We were one of the original creators of special loans to help people reestablish themselves as homeowners post bankrupctcy…so please click here fill out a registration form, and one of our specialists will help you reachieve the dream of home ownership , or if you prefer call 603-234-1100 and ask for Dan Gennarelli.
Believe It Or Not !!!
New Start Mortgage
Must Be BANKRUPT !!
1 Year DISCHARGED
3.5% Down (MAY BE A GIFT)
NO Re-Established Credit
Low 30 Year Fixed Rate Program
" Your Understanding Friendly Lender" Share Us With A Friend "
Times Have changed significantly regarding Mortgage Financing and Home Purchasing after unstable credit periods.
The economy has taken a toll on good hard working people who_ became unlucky due to an environment full of corporate down sizing, medical bills due related to poor health coverage, marital problem compounded by the stress of other problems, and a host of other problems beyond individual control.
Realizing these problems NEW ENGLAND REGIONAL MORTGAGE COMPANY is offering the NEW START Mortgage Program to you should you fit into this situation.
This NEW START program offers home ownership with 3.5% down payment which may be a gift from a family member with very attractive rates aimed at helping you buy your new home. A typical purchase of $200,000 may require only $6,000 total cash to complete the purchase when combined with seller participation in paying closing costs.
With rents constantly rising, why not own your own home or if you have outgroxvn your current home why not upgrade to a more comfortable home with the knowledge that you have been Pre- Approved for your
mortgage.
Please call me today to arrange a Free, No Obligation. Prc-Qualification at your convenience.
New Start Mortgage!!!!!
New England Regional Mortgage has arranged a special financing package. This financing package allows New England Regional Mortgage to grant mortgages to borrowers with a previous bankruptcy in their credit profile.
After seeing the need for this special program from many of our correspondents over the past five years, we decided to take the initiative and meet the market needs of today's borrowers.
Currently, we are not only underwriting these loans but are dosing them at a phenomenal pace. These mortgages are provided at appealing rates with both fixed and adjustable programs available.
Our General underwriting guidelines are listed below: however, we realize that each situation is unique. These are guidelines only not steadfast rules.
General Underwriting Guidelines
Chapter 7 ( Discharge of Debt)
Borrower must be discharged from Bankruptcy for 1 Year at a minimum Borrower must have a reasonable explanation for bankruptcy filing Borrower must exhibit financial stability with no late payments after the discharge date must make sense !!!!