Recent Housing Event

Our recent housing event loans are for borrowers who have experienced a Short Sale, Foreclosure, or Deed in Lieu and are outside of Agency, Jumbo, or Government lending guidelines.

We offer products with down payments as low as 15% and time since event from 1 day on. Depending on the type of loan product you apply for, there are various amounts of time you may be required to wait before you’re eligible to purchase a home or refinance. As you can see below, Diamond Residential Mortgage has more solutions than most lenders.

Additional information:

Loan amounts from $100k to $2.5 million
Down payment as low as 15%
Gift funds OK for down payment and closing costs
Minimum 580 FICO
Final Foreclosure, Short Sale, or Deed in Lieu documentation required prior to closing
Combine with bank statement income calculation
Primary Residence, Second Home, Or Investment Properties
1-4 Family Properties, Townhomes, or Condos (non-warrantable by exception)
Purchase, Rate and Term, or Cash out