B/C Loans

B/C Loans:

B/C Loans do not meet the credit requirements of Fannie Mae and Freddie Mac. They are known as B, C and D paper loans. Loan applicants typically have a bad credit history, have filed for bankruptcy, or have had a property in foreclosure.

B/C Loans are often issued as temporary loans until the applicant can restore credit and qualify for conforming "A" loans. Interest rates on B/C Loans are generally higher than for conforming "A" loans.

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Regulated by the Colorado Division of Real Estate, CA CFL#603 H231, Loans made in California will be arranged or made pursuant to the Department of Business Oversight California Finance Lenders Law. NMLS#169609

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