Second Mortgage — $750,000 680 Credit Score
This Stand-Alone Second Mortgage Loan Program offers flexible financing solutions for homeowners seeking additional funds without refinancing their first mortgage. Borrowers can access up to $750,000 through a second mortgage, whether for a purchase piggyback, refinance piggyback, or cash-out purposes.
90% CLTV Closed End Mortgage
This program allows up to 90% combined loan-to-value (CLTV) and requires a minimum 680 credit score. Eligible properties include detached and attached single-family homes as well as condos, with occupancy options for primary residences and second homes. Borrowers must provide full income documentation, and both salaried and self-employed applicants are eligible.
Submit your Loan Scenario for Loan Officer Review, advice and guidance before your credit check
Eligible Property Types:
* Single Family Residence – Detached
* Single Family Residence – Attached
* Condo
Eligible Occupancy Types:
* Owner-Occupied / Primary Residence
* Second / Vacation Home
* Consolidated debt calculated into the end result DTI, debt to income ratio
Credit Notes:
* 680 Minimum Mortgage Credit score
Available in the Following States:
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Illinois, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Missouri, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Oklahoma, Oregon, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington