Subprime Loans Salt Lake City
Have you been turned down because of low credit or income qualifications? We can help.
Subprime mortgages are loans that are offered to borrowers who do not pass conventional guidelines. These loans usually require a higher down payment or equity position. These types of loans are ideal in situations with low credit scores, non-verifiable income, unconventional properties, etc. Please call us with your particular situation and we would be happy to help you.
- We can use bank statements without tax returns to establish your income
- For Primary Residence, Non-Owner Occupied Properties and Commercial Loans
- Scores as low as 580
- Rates around 6.5% range but refinance later at a lower rate
- NO prepayment penalties in most cases
- Up to $5 Million — all loans made in compliance with State and Federal Laws