SECOND CHANCE PURCHASE PROGRAM

SECOND CHANCE PURCHASE PROGRAM

With 21 years of experience in lending that betters the financial position of our customers, ACC Mortgage is very successful in offering and closing loans that no one else can. Our unique lending philosophy – superior service, a complete financial review, and bettering the financial position of the borrower and the community – has allowed us to close billions of dollars in loans.

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Second Chance Program Highlights

  • Up To 80% LTV
  • 620 Minimum Credit Score
  • Full Doc Only-50% DTI Max​
  • Bankruptcy, Foreclosure And Short Sales Are Ok
  • Gift Funds Are Acceptable
  • Need 3 Months PITI Post-Closing
  • Full Doc, 12-24 Month Bank Statement, 1099 Only Income Docs Allowed
We process, underwrite, close all loans in house.
Same day approvals and closing within 10 business days of appraisal order.

Application information

WHERE WE ARE LICENSED

Mouse over map for licensing info

ORANGE = PENDING  GREEN = LICENSED
west midwest east

REVISED:  September 16, 2020

 

LICENSING

© 2020 All Credit Considered Mortgage, Inc. d/b/a ACC Mortgage · NMLS ID 176724 · 1801 Research Blvd., Suite 410, Rockville, MD  20850 · (877) 349-0501.  Not all loan programs are available in all areas.  Program restrictions may apply.  All rights reserved.  This is not an offer or extension of credit or a commitment to lend.  Licenses are held as follows:  Arkansas combination Mortgage-Banker-Broker-Servicer License #119499; Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act License #41DBO-102821; Connecticut Mortgage Lender License ML-176724; Delaware Lender License #020786 ; Florida Mortgage Lender Servicer #MLD953; Georgia Mortgage Lender License #46424; Idaho Mortgage Broker/Lender License #MBL-2080176724; Illinois Residential Mortgage License MB.6761111; Indiana-DFI Mortgage Lending License #40794; Maryland Mortgage Lender License #6625; Michigan 1st Mortgage Broker/Lender License #FL0022183; Minnesota Residential Mortgage Originator License # MN-MO-176724; Nevada Mortgage Lender License 4619; New Jersey Residential Mortgage License; North Carolina Mortgage Lender License L-164875; Oklahoma Mortgage Lender License #ML012740; Oregon Mortgage Lending License #ML-5825; Pennsylvania Mortgage Lender License 51566; South Carolina-BFI Mortgage Lender/Servicer License MLS-176724; Tennessee Mortgage License #181409; Texas SML Mortgage Company License; Utah-DFI Residential First Mortgage Notification; Virginia Lender Licensed by the Virginia State Corporate Commission as MC-1856; Washington Consumer Loan Company License #CL-176724; Wisconsin Mortgage Banker License #176724BA; District of Columbia Mortgage Dual Authority License #MLB176724.  Revised:  September 16, 2020.

 

STATE LICENSING DETAILS

  1. Arizona Mortgage Banker License #BK 0937856
  2. Arkansas – Combination Mortgage-Banker-Broker-Servicer License #119499
  3. California – DBO Residential Mortgage Lending Act License #41DBO-102821 
  4. Colorado Mortgage Company Registration  
  5. Connecticut Mortgage Lender License ML-176724
  6. Delaware Lender License #020786 
  7. Florida Mortgage Lender Servicer #MLD953 
  8. Georgia Mortgage Lender License #46424
  9. Idaho Mortgage Broker/Lender License #MBL-2080176724
  10. Illinois Residential Mortgage License MB.6761111
  11. Indiana – DFI Mortgage Lending License #40794
  12. Maryland Mortgage Lender License #6625
  13. Michigan 1st Mortgage Broker/Lender License #FL0022183
  14. Minnesota Residential Mortgage Originator License # MN-MO-176724
  15. Nevada Mortgage Lender License 4619  
  16. New Jersey Residential Mortgage License
  17. North Carolina Mortgage Lender License L-164875 
  18. Oklahoma Mortgage Lender License #ML012740
  19. Oregon Mortgage Lending License #ML-5825 
  20. Pennsylvania Mortgage Lender License 51566
  21. South Carolina – BFI Mortgage Lender/Servicer License MLS-176724 
  22. Tennessee Mortgage License #181409
  23. Texas SML Mortgage Company License
    1. Figure: 7 TAC §80.200(b)
      “CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A COMPANY OR A RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING,  COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS
      AVAILABLE AT 1-877-276-5550. THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV.”

  24. Utah – DFI Residential First Mortgage Notification
  25. Virginia Lender Licensed by the Virginia State Corporate Commission as MC-1856 
  26. Washington Consumer Loan Company License #CL-176724
  27. Wisconsin Mortgage Banker License #176724BA
  28. District of Columbia Mortgage Dual Authority License #MLB176724
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