Get Started with Your Alliance Home Loan

You Can Buy Again

We help borrowers recover from a foreclosure, short sale or bankruptcy to buy a home again. Our loan options can get you back into a new home as soon as 12 months after a negative credit event. There are many reasons you may not qualify for standard loan programs, and we can find you financing that takes your unique situation into account. Every borrower deserves a second chance.

 

Benefits

  • Traditional wait times may not apply for foreclosure, short sale, and bankruptcy
  • Expanded credit - scores as low as 500
  • Self-employment eligible

Requirements

  • 10% minimum down payment
  • Minimum FICO of 500
  • Available for owner-occupied or 2nd homes only
  • Not available for investment properties
  • Must have a minimum of 6 months cash reserves

We believe in second chances; you should too.  If you need help determining whether you qualify for a mortgage, one of our loan officers can review your situation.

What will my payment be?

Down Payment % 0% 3.50% 5% 10% 20%
Down Payment Amount
Loan Amount
Available Loans VA
USDA
FHA Bond
FHA FHA
Conventional
FHA
Conventional
Jumbo
2nd Chance
FHA
Conventional
Jumbo
2nd Chance
Principal & Interest
*Principal & interest only. Amount does not include other applicable monthly fees such as mortgage insurance, property taxes, insurance, HOA fees, or flood insurance.