2nd Mortgage Loan
Loans terms available: 5, 10 or 15 years
A second mortgage is completed at the same time as a first mortgage and can help ease the cost of a large down payment, Private Mortgage Insurance (PMI), and high interest associated with Jumbo loans.
- Minimum credit score 600 to qualify
- Minimum loan amount of $10,000
- Maximum debt-to-income ratio 45%