Our conventional loan is a tailored mortgage program that addresses typical first time buyer challenges. We offer a minimum 10% down payment for qualifying applicants and a 7 year ARM that gives you flexibility with your monthly payment.
PIGGY BACK LOAN (80/10/10)
For qualifying buyers, we have a unique loan option available described as a "piggy back loan". Typically, this loan is used by prospective home buyers to avoid paying private mortgage insurance. Both loans are tax decuctable, and you are only required to pay interest payments on the smaller loan, functioning similarly to a HELOC.