Soft Landing: A Private Non-mortgage Product.
When we first heard too big to fail, the banking crisis, the housing bubble, bailouts, and other now familiar words and phrases, little did we know how they would affect our lives. The housing bubble was allowed to grow larger and larger with little regulation and the bailout went to Wall Street but never made its way to Main Street. Bailout programs that should have helped consumers better afford their homes by modifying their current loans were so complicated that they rarely helped anyone except those who received the bailouts. As a result, many of us were swept up into a whirlwind of lost jobs, lost homes, and bankruptcies. But Pathway Funding has the solution. A Soft Landing. What is Soft Landing? In short, it is a lifeline. Developed by Pathway Funding as a private label product, Soft Landing is designed to help individuals and families in need of short term bridge financing to purchase a home after divorce, foreclosure, bankruptcy, or a short sale, through a contract for deed. With terms up to 48 months, a contract for deed may give you time to improve your credit so that you and your family may be ready to rebuild sooner that you might think.
Soft Landing is a way back for those of us that have been negatively impacted by the ongoing economic upheaval that began in 2008. The program can help those who are now responsibly managing their current debt but have experienced one or more of life’s many challenges that have caused them serious financial hardship. In many cases, these difficult events and hardships have resulted in the overall destruction of what was once good credit. Sadly, few people are immune to the many hardships that can happen anytime, anywhere, and to any one of us.
Many people realize that the odds of ever being able to manage their debt are highly stacked against them. Although difficult, people file for bankruptcy to rid themselves of overwhelming debt and to get a fresh start.
We all know someone, a friend, co-worker, or that has found themselves in at least one of these situations. Maybe it happened to you and your family. We work with people every day that have dealt with one or more of these challenges, and we know how difficult it is to get back on track. Pathway Funding understands the pain and anxiety and can offer you and your family a way back to the pride and joy of home ownership along with an effective approach to regaining your good credit. Pathway Funding is… the way home.
*Full terms and conditions apply. A contract for deed is not a mortgage and you will not receive legal title to the property until all payments are made. You should consult with an attorney and financial advisor before entering into a contract for deed or making any other significant decision. With increasing banking and lending restrictions, new regulations, and the tightening of all credit markets, finding a pathway to homeownership is more challenging than ever before. We truly believe that Pathway Funding’s Soft Landing is the solution to so many problems potential homeowners may be facing today. We will evaluate you and your circumstances as an individual not just a credit score. By working with Pathway Funding, we will introduce you to the Contract for Deed element within our Soft Landing Program and provide you the opportunity to build a new home or help you find an existing property.
Pathway Funding believes that getting your credit profile and score to its highest and best rating requires you to work with a certified, licensed credit repair/credit counseling organization. We want to see you succeed as you move through our Soft Landing program. After your consultation with the credit counselor, we will be there with you every step of the way, monitoring your progress and working with the company you have selected to get you back on the path to homeownership. Full terms and conditions apply.
*This is not a commitment to lend pursuant to Minnesota State Law. Qualification, Down Payment %, and other terms are subject to final underwriting and subject to change. Full terms and conditions apply. A contract for deed is not a mortgage and you will not receive legal title to the property until all payments are made. You should consult with an attorney and financial advisor before entering into a contract for deed or making any other significant decision.