• BAD CREDIT CALIFORNIA DEBT CONSOLIDATION MORTGAGE LENDERS 
• Bad Credit California Jumbo Mortgage Lenders
• 3.5% Down Bad Credit California Mortgage Lenders
• Los Angeles Bad Credit Mortgage Lenders Serving All California
• 10% Down Bad Credit Jumbo California Mortgage Lenders
• California Mortgage Lenders That Refinance After Probate!
• Bad Credit California VA Mortgage Lenders

CALIFORNIA BAD CREDIT MORTGAGE LENDERS LOAN PROGRAMS

California Cashout Refinance with Bad Credit Loan To Value Matrix!
Jumbo bad credit matrix subject to change without notice. 

UP TO 90% WITH  NO MORTGAGE INSURANCE
California Bad Credit Jumbo Purchase and Rate/Term Refinance available up to 90% LTV (10% down for purchase) 720 credit score for 90% LTV, all others are 500 minimum). Bad Credit Jumbo Cash-Out Refinance up to 75% LTV (Up To $500K max cash in hand) Credit Event Seasoning – 60 months for BK, foreclosure, short sale, deed-in-lieu. Bad Credit Jumbo Mortgage Lenders Programs subject to change without notice.

GENERAL BAD CREDIT California JUMBO MORTGAGE REQUIREMENTS
 Product Type – Jumbo Bad Credit California Mortgage Lenders
• 5/1 ARM – 30 YR Amortization • 30 – YR Fixed
Loan Amounts – Jumbo Bad Credit California Mortgage Lenders
• Maximum $10MM (exceptions case by case basis) • Minimum $150,000
Prepayment Penalty – Jumbo Bad Credit California Mortgage Lenders
Primary California homes = NO Prepayment penalty
Property Types- Jumbo Bad Credit California Mortgage Lenders
• All California Single Family; townhouses; condominiums; 2-4 units (rural Califonria homes properties are ineligible for investment)
Cash-Out –Jumbo Bad Credit California Mortgage Lenders 
Cash in hand or Amounts used to pay non-liens
• Up to $1,000,000
• Investment Properties Max LTV 75%
• $100,001 – $500,000 w/5% LTV reduction • $300,001 – $500,000 w/10% LTV reduction
• Califonia Investment Properties: Max $500,000 cash-out (additional 5% LTV reduction for loans > $200,000)
• Borrowers with recent mortgage lates, refer to guidelines • TX 50 (a) (6) loans allowed – Max 80% LTV
Debt Consolidation-Jumbo Bad Credit California Mortgage Lenders 
• Payoff of non-mortgage & mortgage debts with <$2,000 or 2% of the loan amount back to the borrower will follow rate/term LTV’s
Appraisals–Jumbo Bad Credit California Mortgage Lenders 
• Loan amounts ≥$1MM a borrower paid second appraisal must be obtained
Seller Concessions
• Up to 6% for Owner-Occupied & Second Homes • Up to 2% for Investment properties LOAN TO VALUE REQUIREMENTS–Jumbo Bad Credit California Mortgage Lenders 
• Min credit score 600 • Residential pay history 1x30x12 • Primary Residence Only • Purchase only
• Foreclosure, Deed-In-Lieu & Short Sale – >12 months • Bankruptcy Seasoning (Chapter 7) – >12 months • Maximum loan amount $750k
DOCUMENTATION REQUIRMENTS–Jumbo Bad Credit California Mortgage Lenders 
Assets
• Assets must be sourced or seasoned for 30 days • Gift funds allowed without secondary financing
Income
• Full Doc: Wage Earner: W-2, Paystubs, 2 years tax returns • Self-Employed: 2 years personal & 2 years business tax returns
COMPLIANCE
• Escrows required for taxes and insurance • No Section 32 or State high cost • Total points & fees must be < 5%
• Fully documented ability to repay • All loans must be in compliance with applicable Federal and State regulations
UNDERWRITING REQUIREMENTS–Jumbo Bad Credit California Mortgage Lenders 
Credit Score• Use middle FICO score of primary wage earner Housing History
• 30’s and 1 x 60 in the past 12 months allowed (No add-on to rate) • 1 or more 90 day late in the past 12 months allowed
Min Credit Score
• Owner Occupied: 500 • Non-Owner Occupied: 580 • Non-Perm Resident Aliens: 580
• Second Home: 580 • First Time Homebuyer: 540
Tradeline requirements for Jumbo bad credit mortgage lenders.
Requirements
• Standard: 3 trade lines reporting for ≥ 12 month; or 2 trade lines reporting for ≥ 24 months with activity in the past 12 months
• 12 to 24 months canceled rent checks can be used as a trade line Limited Tradelines.
• Max LTV 75% • No minimum trade line requirements • Not allowed on Investment properties
DTI Requirements
• Max 40/50% • Investment properties max 50%
Seasoning
Requirements
• Foreclosure, Deed-In-Lieu & Short Sale – None
• Bankruptcy 7 – 12 months
from discharge date
• Bankruptcy 7: None when property excluded from
BK and a 0 x 30 x 12 residential pay history
• Bankruptcy 13: None if filed >24
months ago and paid as agreed
• All BK’s must be discharged (case by case exceptions)
Reserves–Jumbo Bad Credit California Mortgage Lenders 
• 3 months minimum • Investment properties – 6 months
• Loan amounts ≥ $453,100 – 6 months • Loans ≥ $750,000 – 9 months
• Second Home – 6 months • First Time Homebuyer – 6 months
• Limited trade lines – 6 months • Non-Perm Resident Aliens – 6 months
• Non-Perm Resident Alien with non-US credit – 12 months
Residual Income
• Primary Residence $1,500
First-Time Homebuyer
• Residential pay history 0x30

Popular California Mortgage Lenders Seach Results 

California Mortgage loans tend to cost consumers less money than other types of bad credit debt over the long run for two reasons. First, mortgages carry lower interest rates than other kinds of debt. Second, California jumbo mortgage interest is tax deductible. Thus, consolidating one’s debts into a single mortgage often makes good business sense. Here are examples of high-cost debt that can paid off with a bad credit califonria mortgage cash-out refinance:

• High-Interest Credit Card Debt
• Installment loans
• Student loans
• Auto loans

Refinance California Mortgage For Hom Repairs Improvements

For large California home improvement and rehab projects, a bad credit cash-out refinance will often make financial sense. Often, a new bad credit jumbo California mortgage that carries low-interest rate and a term that spreads out payments will make large projects affordable.

CALIFORNIA