Fresh Start – Damaged credit Mortgage Loans

Fresh Start eliminates seasoning requirements for bankruptcies, foreclosures, deed-in-lieu of foreclosures and short sales.

Fresh start is a non-QM (Non-Conventional) Mortgage Loan designed for borrowers who are recovering from a recent short sale, bankruptcy, foreclosure or deed-in-lieu, those with damaged credit.

Other features include:

  • Minimum 580 FICO scoring
  • Non-traditional credit histories may qualify
  • Up to 50% DTI ratios
  • No mortgage or rental pay history required
  • 1 day out of bankruptcy
  • Foreclosure, Less than 24 months, ok.
  • 100% gift funds from relatives permitted
  • 30 year Fixed & 5/1 ARM available
  • No mortgage or rental pay history required
  • No Pre-Payment penalties

Loan Amounts:

Minimum Loan Amount: $100,000

Maximum Loan Amount:  $1,000,000

Down payment requirements

  • Minimum 15% down (85% LTV) for a Primary Residence, SFR (Single Family Residence).

Purpose of Transaction

Rate & Term Refinancing
Cash Out Debt Consolidation (Refinancing) – Maximum cash-out is: $350,000

Ownerships allowed

  • Primary Residences
  • 2nd Home Financing
  • Investment properties


Property Types

  • Condo’s
  • Non-Conforming Condo’s
  • Condo Hotels
  • High Rise Condo’s


Income Documentation:

Tax Returns

Down Payment funds can be gifted to the borrower


  • Ben was so great to work with on our refinance. He went above and beyond to make sure it was done right and that everything was in place. We would highly recommend him to anyone.

  • Ben worked with us when we were buying a home and I was particularly impressed with how quickly he always responded, even at odd hours. He was a pleasure to work with and we have already recommended him to friends.

  • Ben was courteous, professional, and knowledgeable. He had our best interest at heart through our entire home buying process and never pressured us. I would recommend him to anyone who is looking to buy or refinance a home.

  • Easy online Application
    Online Mortgage Application

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    All loans subject to credit approval. Rates and fees subject to change. Mortgage financing brokered by Mortgage Miracles Happen, LLC. Equal Housing Lender.
    Mortgage Miracles Happen, LLC is a mortgage broker in Arizona, Colorado, Florida, Texas & Utah.
    NMLS: 1289680; Arizona: 0937981, AZ Address: 7137 E Rancho Vista Drive, STE B05, Scottsdale, AZ 85251;
    Colorado: Mortgage Miracles Happen, LLC; Florida License # MBR1900,
    UT: Mortgage Miracles Happen, UT license # 7380298 Utah DRE,
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    Tel: 1-(801)-399-2364 | Texas Office Tel: 1-(281) 724-7423|

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