FRESHSTART

Financing for qualified borrowers who have had a financial hardship such as a short sale.

Question:

Question:

Have you recently suffered a financial hardship, such as a short sale, that is setting you back?

CONSIDER A FRESHSTART LOAN

If you’ve had a hardship that affected your credit and it wasn’t a result of financial mismanagement, Northpointe Bank’s FreshStart program may help. FrestStart is offered for loans not eligible for Fannie Mae / Freddie Mac guidelines due to extenuating, non-repeating circumstances that caused a financial hardship.

QUICK
FACTS

Minimum Credit Score:

700

Minimum Down Payment:

20%

Max Debt-to-Income:

43%

Max Loan Amount:

$726,200

Available for:      Primary Residences    

QUICK
FACTS

Minimum Credit Score:

700

Minimum Down Payment:

20%

Max Debt-to-Income:

43%

Max Loan Amount:

$726,200

Available for:

  Primary Residences

HOW LONG DO I NEED TO WAIT?

FreshStart, unique to Northpointe Bank, provides reduced waiting times for purchasing a new home if you’ve had a short sale, or gone through a bankruptcy and foreclosure. Here’s how long you have to wait to become eligible for FreshStart:

Short Sale

Must be at least 12 months removed

Foreclosure

2 years from the date of the deed in lieu of foreclosure

Bankruptcy

Must be discharged for a minimum of 24 months

  • FreshStart is not a loan commitment and all applications are subject to credit review and Member approval. Contact your Team 101 at Northpointe Bank loan advisor for full details.

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Is FRESHSTART Right for You?

Fill out this questionnaire to see if we can help you achieve your homeownership goals with FreshStart.

Get Started

– or –

CALL US NOW           801.810.6503       OR GET IN TOUCH ONLINE       
CONTACT US

– or –

CALL US NOW

   801.810.6503

GET IN TOUCH ONLINE

CONTACT US

FreshStart is available in the following states: Alabama, Arizona, California, Colorado, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Kentucky, Massachusetts, Michigan, New Jersey, North Carolina, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Washington

Why Choose at Northpointe Bank?

The answer is clear:

More Options. Better Pricing. Period.

Join the many satisfied Utahns who’ve gotten their mortgage loan for their dream home through Team 101 at Northpointe Bank.

Rated 4.9 out of 5

Rated 4.9 out of 5

Based on 463 customer reviews

Based on 463 customer reviews