Specialty Mortgages Programs

We have put together a guide below to help people who have recently had a foreclosure, short sale, bankruptcy, deed in lieu, or loan modification to figure out the timeline for when they are next able to purchase a home.

Specialty Mortgage Programs

Returning buyers must meet minimum credit thresholds to obtain mortgage finance. The credit repair process ranges from simple to complex. Central Coast Lending is hands-on in helping our clients with credit repair.

“We worked with a client for well over a year on repairing their credit from a bankruptcy and short sale,” said Grote. “When they first came in they had a 560 credit score and by the time we finished up our work, the final score was 671.”

Grote and Central Coast Lending helped comb through the client’s finances to find cases of misreported debt.

[Read our credit repair guide for mortgage qualification]

Credit repair cases for foreclosure and bankruptcy tend to take longer than short sales. Central Coast Lending can help, but the process can take time. Give us a call at 805.543.LOAN to get started.

Investment Properties

  • Complete conventional financing options.
  • Portfolio and Non-QM options:
    • Unlimited financed properties.
    • Up to $500,000 for the first unit, and up to $750,000 for units 2-4.
    • Qualify from property cash flow (not debt-to-income).


For More Information:

The Self-Employed Borrower

  • Qualify for a mortgage with ONE YEAR of tax returns.
  • For the self-employed: qualify with just ONE YEAR of self-employment history.
  • Also beneficial for farmers, and rental property owners who have seen a recent increase in income.
  • For More Information:
  • Qualify for Your Home Loan with Just One Year of Income

Jumbo Portfolio

  • 10% Down Payment! No Mortgage Insurance! Loan amounts up to $750,000.
  • Unlimited acreage.
  • Fixed and ARM options available.
  • Unique properties considered (unusual easements, outbuildings, exotic builds, etc)

For More Information:

Hobby Farms

  • “Primary residence capable of some sustained agriculture production.”
  • Up to $1.5 million in financing!
  • Borrower must receive 60% of annual income from off-farm source.
  • Eligible for cash-out refinance.

For More Information:

Miscellaneous Special Offers

  • Second liens and home equity lines of credit (HELOCs).
  • Qualify one year after negative credit event.
  • Non-occupant co-borrower.
  • Non-permitted additions.
  • Asset depletion for qualification.

For More Information:

Step 1. Get Pre-Approved.

Getting pre-approved is as easy as 1-2-3!

Create an Account

Creating an account is fast, easy, secure and FREE! Your account enables you to easily modify your loan application and view the status of your loan anytime day or night.

Submit Information

When you register for a Loan Center account, you can submit a loan application online and the sensitive information that you provide will be transmitted securely.

Get Pre-Approval

Pre approval can be done in as little as an hour if you have thoroughly completed the loan application and have all the needed paperwork to support the information on the application.

You have questions? We have answers.
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