Lumos Mortgage
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Second-chance buyers

Had a bankruptcy or foreclosure? A second chance may be closer than you think.

Some lenders work with recent credit events — we know which ones.

4.99· 215 reviews
Step 1 of 7
Where is the property?

How it works

  1. 1

    Answer a few questions

    About 45 seconds. No credit check to start.

  2. 2

    We shop lenders for you

    As a licensed broker, we compare programs from multiple lenders.

  3. 3

    Get your game plan

    A Lumos advisor texts you with next steps and documents.

Why borrowers choose this

Shorter waiting periods

Non-QM lenders may consider recent credit events.

Judgment-free advice

Life happens. We focus on what's next.

A clear timeline

Know exactly when each program opens up for you.

Who this is for

  • Past bankruptcy, foreclosure or short sale
  • Re-established credit or income
  • Buying in FL or TX

Documents you'll need

  • Bankruptcy discharge papers
  • Recent pay stubs or bank statements
  • Explanation letter
  • Photo ID

Frequently asked questions

How long do I have to wait?

It depends on the event and program. Some non-QM options don't require the standard waiting periods.

Will I pay more?

Second-chance programs can cost more. We compare lenders so you see the full picture.

Can I refinance later?

Many borrowers refinance into a standard loan once waiting periods pass.

Does a short sale count?

Yes, it's treated as a credit event, often with shorter waiting periods.

Joselin I. Chiu

Meet your broker

Joselin I. Chiu

Broker Owner · NMLS #2598846

Joselin I. Chiu has 20+ years in real estate financing. She founded Lumos Mortgage Group in Miami to give every borrower private-client guidance — in English or Spanish.

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Verified reviews

4.99 across 215 reviews.

Aggregated live from Experience.com — Google (79), Experience.com (87), Zillow (49). 100% 5-star.

See all 215 reviews →

"Thank you Lumos Mortgage Group for all your support during my buyer's financing process. It was a challenging one but we made it!! I will definitely recommend you to more clients."

I

Isabel Z.

Google · May 2026

"Excellent work and dedication! We are grateful!"

C

Cindy M.

Google · May 2026

"We are super happy — thanks to Yoster and Joselin for making this dream come true! I could see God's hand all the way through them. God bless you family!"

A

Andres L.

Google · May 2026

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