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?
QUICK
FACTS
Minimum Credit Score:
700
Minimum Down Payment:
20%
Max Debt-to-Income:
43%
Max Loan Amount:
$510,400
Primary Residences
QUICK
FACTS
Minimum Credit Score:
700
Minimum Down Payment:
20%
Max Debt-to-Income:
43%
Max Loan Amount:
$510,400
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.
– or –
801.810.6503
OR GET IN TOUCH ONLINE – or –
FreshStart is available in the following states: Alabama, Arizona, Colorado, Florida, Georgia, Indiana, Kentucky, Michigan, North Carolina, Ohio, Oregon, South Carolina, Tennessee, Texas, Utah, Virginia, Washington
Why Choose 
?
LOW RATES
We offer some of the lowest mortgage rates in the industry, along with truly innovative, tailored programs.
GREAT SERVICE
Our mission: client-focus. As your personal lender, we value listening and delivering on what is most important to you.
QUICK CLOSE
Move into your new home sooner. Time saved plus low rates equals more savings for you.
