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.

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FACTS

Minimum Credit Score:

700

Minimum Down Payment:

20%

Max Debt-to-Income:

43%

Max Loan Amount:

$484,350

Available for:      Primary Residences    

QUICK
FACTS

Minimum Credit Score:

700

Minimum Down Payment:

20%

Max Debt-to-Income:

43%

Max Loan Amount:

$484,350

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

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           804.724.LOAN       OR GET IN TOUCH ONLINE       
CONTACT US

– or –

CALL US NOW

   804.724.LOAN

GET IN TOUCH ONLINE

CONTACT US

FreshStart is available in the following States: Alabama, Arizona, Colorado, Florida, Georgia, Indiana, Kentucky, Michigan, North Carolina, Ohio, South Carolina, Tennessee, Utah, Virginia, Washington

Special Offers and Programs

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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.