Basic qualifiers: FICO score above 550, Gross income above $4,200 per month, < 40% FE DTI, 8-13% down payment, On the "Road To Recovery".
Contact a local Fresh Start Certified Agent:
1. Apply using our short application...it's free!
2. A Fresh Start Housing Counselor will contact you and share how the LTP program works
3. Once approved, you will be given a "cash voucher" to shop for your new home with a Fresh Start Certified Agent.
4. Fresh Start Investor will purchase your dream home and lease option it to you.
5. You have 6 years to secure a mortgage of your choice to "option" into your dream home.
6. You mortgage into the home and keep the appreciation above the preset buy back price (purchase price increases 1-3% per year over price paid for home.)