How soon after bankruptcy or foreclosure can we buy again?

Seasoning depends on the event and the program. Conventional and government loans have published waiting periods; non-QM recent-event products can be shorter with larger down payments and reserves. Bring discharge/sale dates for an exact read.

Will a recent short sale permanently block financing?

No. After required seasoning and re-established credit, many borrowers finance again — sometimes via non-QM first if agency timing is not met yet.

Non-QM & Alternative Doc

Alt-Doc — Credit Recovery

Recent Credit Event (BK / FC / SS)

Name: Elite Fundings — California Mortgage Team
Address: 552 E Badillo St, Covina, CA, 91723, US
Telephone: (626) 833-7449
Price range: $$

Loans for borrowers with a recent bankruptcy, foreclosure, or short sale — as little as 1 day out of seasoning.

Available throughout Southern California through Francisco Williams, CCIM, NMLS #1858674.

Apply for this program (626) 833-7449

600

Min FICO

80%

Max LTV

Ideal borrower

Borrowers with a past credit event who are back on their feet.

Program highlights

1 day out of BK/FC/SS acceptable on some programs
Higher down/LTV trade-offs for shorter seasoning
Pathway back to agency pricing over time

Typical uses

Post-bankruptcy home purchase

Frequently asked questions

How soon after bankruptcy or foreclosure can we buy again?: Seasoning depends on the event and the program. Conventional and government loans have published waiting periods; non-QM recent-event products can be shorter with larger down payments and reserves. Bring discharge/sale dates for an exact read.
Will a recent short sale permanently block financing?: No. After required seasoning and re-established credit, many borrowers finance again — sometimes via non-QM first if agency timing is not met yet.

Program details shown are representative guidelines and subject to individual lender overlays and CFPB / agency requirements. Rates shown are illustrative and subject to change without notice. Actual rate, APR, and terms will depend on creditworthiness, loan-to-value, property type, occupancy, loan amount, loan program, and other factors. Not all applicants will qualify.