B/C Loans do not meet the credit requirements of Fannie Mae and Freddie Mac. They are known as B, C and D paper loans. Loan applicants typically have a bad credit history, have filed for bankruptcy, or have had a property in foreclosure.
B/C Loans are often issued as temporary loans until the applicant can restore credit and qualify for conforming "A" loans. Interest rates on B/C Loans are generally higher than for conforming "A" loans.
C2 Financial Corporation is licensed by the California Bureau of Real Esate, Broker #01821025. NMLS #135622 John Stephen Mitchell NMLS #293761 / BRE #00892713
This licensee is performing acts for which a real estate license is required. C2 Financial
Corporation is licensed by the California Bureau of Real Estate, Broker # 01821025; NMLS
# 135622. Loan approval is not guaranteed and is subject to lender review of information.
All loan approvals are conditional and all conditions must be met by borrower. Loan is
only approved when lender has issued approval in writing and is subject to the Lender
conditions. Specified rates may not be available for all borrowers. Rate subject to change
with market conditions. C2 Financial Corporation is an Equal Opportunity Mortgage
Broker/Lender. (Add this for website disclaimer: The services referred to herein are not
available to persons located outside the state of California.)