Purchase Money Second Lien Product
A Purchase Money Second Loan can be used by those who are looking to purchase a home and are interested in a second mortgage to supplement the amount of down payment needed.
It’s also great for home buyers who want to use some of their savings from a second mortgage loan on furniture, appliances, or other home-improvement projects instead of putting it down on the purchase of the home.
Choose between two lien options:
- 80/10/10
- 85/15/5
- Minimum FICO score of 680