Network Funding, a private residential mortgage lending company, announced a series of new lending programs designed to “help people achieve financing that wouldn’t typically qualify for a mortgage due to typical guideline restrictions.”

Network Funding said the new lending programs are part of The Common Sense Lending Initiative, which the company says will expand opportunities for families and individuals who otherwise wouldn’t be able to buy a home.

“It’s our way of bringing a little common sense back for qualified borrowers who deserve it,” said President Matt Kiker. “Our initiative includes five new programs we believe will give more families and individuals well-deserved access to the American Dream.”

According to Network Funding, the Common Sense Lending Initiative has five lending programs. The programs are:

Homeowner’s Access Program: Provides access to financing for borrowers who can demonstrate the ability to repay, but otherwise would not qualify for a mortgage due to various reasons. Reasons may include prior housing or credit events, lack of mortgage or rental history, high debt-to-income ratios, and/or gift fund limitations.

Fresh Start Program: Specifically designed for people who’ve gone through hard times (foreclosure and/or bankruptcy) and bounced back, showing they have they ability to repay their debts. Program only requires 24-month seasoning for bankruptcy, foreclosure, deed-in-lieu of foreclosure or short sales.

Investment Property Program: Fills in the gaps for today’s sophisticated, real estate investor, by offering larger loan amounts, lower FICO scores and other benefits previously unavailable. Up to 10 properties allowed for financing, as well as up to $500,000 for cash-outs and refinancing.

Jumbo Alternative Program: Provides added flexibility for Jumbo Loans (loans greater than $417K), including allowing up to 90% loan-to-value ratio without mortgage insurance, the use of alternative income sources (stocks and asset depletion), and second home and investment property financing.

Foreign National Program: Helps make buying a second home in the U.S. easier for qualified non-US citizens who visit the country on business or vacation. This includes second homes and investment properties.