|We Offer: 95% CLTV Max Loan Amount 75,000!!|
95% CLTV Requirements
The loan terms are generally a 15 year fixed product so you will be gaining equity faster. Have a current home not selling prior to purchase of 2nd home? Consider putting a 2nd lien in place and paying off after 6 months of payments on new 2nd lien. If you receive bonus income, positioning a 2nd lien and paying off early, can lower monthly payments wihout the expense of a refinance. The obvious benefit of avoiding mortgage insurance is one of the primary reasons we discuss this option with our prospective clients. Please contact us so we can show you how this program might benefit you.