New Start Mortgage

We make buying a home possible again for members who have been affected by the economic recession. If you’ve had a short sale, bankruptcy or foreclosure, we may be able to help you buy again.

Give us a call!

New Start Mortgage

Las Vegas Area (702) 382-4094
Reno/Sparks (775) 827-3880, x4643

Program details include:

  • Affordable interest rate of 6.00%*
  • Purchases and refinances allowed
  • Two origination points required
  • Maximum loan amount is:
    • $300,000 at 80% LTV
  • 5-year balloon with 30-year amortization
  • LTV Max – 75%, DTI Max – 43%,
    FICO Min – 580
  • Max LTV for Townhomes & Condos is 60%
  • No manufactured homes allowed
  • Primary residences only
  • Homeowner credit counseling completion required
  • Impounds (escrows) required
  • Gifts and gift equity allowed
  • No source or seasoning required for down payment funds
  • Bankruptcies, foreclosures, short sales, and modifications allowed with no seasoning requirements


We Do Business in Accordance With the Federal Fair Housing Law and Equal Credit Opportunity Act.