LESS THAN PERFECT CREDIT LOAN
The Less Than Perfect Credit program is for those Borrowers with imperfect credit who experienced a short to intermediate term credit issue that is now in the past.
The Less Than Perfect Credit Program:
- Every loan is looked at on it's own merit.
- Future prospects (future income, credit & savings ability) are major approval criteria
- Past circumstances are given the benefit of the doubt and making it through a rough patch deserves some credit
- A recent bankruptcy is not an automatic decline Neither are late mortgage payments of 3 times within 24 months, including 2 times in the last 12 months
- Rates start at 8.95% fixed for 2 years
- Loans from $75,000 to $2,000,000
- Less Than Perfect Credit loans are approved with the assumption that the Borrower will be able to refinance within 1-2 years.
NO EMPLOYMENT LOAN
The No Employment program is designed for Borrowers who are in-between jobs, but are expected to secure employment in the near future.
The No Employment Program:
- Rates start at 8.95% fixed for 2 years
- Loan amounts up to 80% of the appraised value / purchase price
- Loans from $75,000 to $2,000,000
- 1 to 4 family, owner occupied properties are eligible
- No Employment loans are approved with the assumption that the Borrower will soon be employed and will be able to refinance within 2 years.
The Normandy Advantage:
- Fast pre-qualification, typically within 1 to 3 business days
- Deal directly with the Loan Officer/Underwriter
- If qualified Normandy will refinance the loan for a maximum additional closing cost of $495*, at market interest rates (up to a maximum loan size of $417,000)
Normandy is currently lending in the following states:
AK, CA, CO, CT, DE, FL, GA, IA, IN, KY, MA, MD, MI, NJ, NY, RI, TN, VA
Call today @ (800) 390-7536 or click the "Contact Me" or "Pre-Qualify Now" button above.
The "Pre-Qualify Now" link is for NON-BROKERS ONLY. Brokers should refer to Broker Center. Broker Agreements will not be honored by Normandy if Broker submits a Pre-Qualification using the consumer link above.
NORMANDY CORPORATION
Principal Business Address: 46 Prince Street, Rochester, New York 14607
585-256-2600 * 800-390-7536 * Fax: 585-256-2836
Email: info@normandy.com
Hours: Monday - Friday 9 am to 5 pm
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