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Inherited Property Program

Losing a family member is difficult, but keeping a home in the family after a loss should not be. Statewide Bancorp has been working with estate attorneys and heirs on inherited property financing since 2001. Whether you need funds for repairs, the buy out of another heir or cash out, Statewide Bancorp has a solution. We have private portfolio lenders which allows us to offer innovative and flexible loan products. Inherited Property Program Highlights Up To 80% LTV & Up To 5 Year Term No Minimum Credit Score Future Value of Rental Income Considered Bankruptcy, Foreclosure And Short Sales Are Ok Deferred Maintenance Is Acceptable Debt Consolidation Allowed Rehab Money Escrow for Future Value to Sell Available Refinancing of Reverse Mortgages Available We process, underwrite, close and service all loans in house. Same day approvals and closing within 10 business days from appraisal order. Call a Mortgage Representive at 877-669-0777.