SECOND CHANCE MORTGAGE · 11 STATES
A past event does not always end your homeownership plans. Duane looks at waiting periods, credit steps and loan options across the 11 states where I am licensed.
Licensed in 11 states
Compare many lenders
No-pressure advice
WHAT IT IS
Loan programs set different waiting periods after a bankruptcy, foreclosure, short sale or deed in lieu. Some are shorter when the event came from circumstances outside your control.
Even before a waiting period ends, a plan helps. We review credit, payment history and savings, then map out the earliest realistic timeline. Waiting periods and rules vary by program and can change.
These programs often have shorter waiting periods than conventional loans. Specific terms depend on the event.
Some Non-QM programs consider shorter seasoning, usually with a larger down payment and a different rate.
I go through your report with you and point out the items that matter most for approval.
You leave the call knowing what to do, in what order and when to check back.
HOW IT WORKS
01
Tell me about the event, the date and what has happened since.
02
I match your timeline to each program's waiting period.
03
On-time payments, lower balances and savings all help.
04
Once you fit a program, we move to preapproval and house hunting.
LOCAL KNOW-HOW
Program availability can vary by state and by lender. I check what is offered where your property is located.
Virginia
Many Virginia buyers pair rebuilding with VA or FHA loans, and may also check Virginia Housing programs where eligible.
Tennessee
Tennessee buyers can compare FHA, VA and conventional options, and check THDA programs where eligible.
Georgia
Georgia buyers can compare FHA, VA and conventional options, and check Georgia Dream programs where eligible.
FAQ
It depends on the bankruptcy type and the loan program. Some programs allow a purchase after a couple of years. Ask me for your specific timeline.
Minimums vary by program. FHA allows lower scores than most conventional loans. I check where you stand today.
Sometimes a few targeted steps make a difference. I will tell you honestly whether waiting helps or whether you can move now.
EXPLORE MORE
NEXT STEP
A short conversation can show you the earliest realistic path. No pressure.
Duane Buziak, NMLS #1110647, Coast2Coast Mortgage, LLC, NMLS #376205. Licensed in VA, FL, TN, GA, NC, SC, MD, DC, WV, TX and KY. Equal Housing Lender. This information is educational and is not an indication of loan qualification, approval or a commitment to lend. Rates, programs and guidelines change and are subject to credit approval.
