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Contact Information
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   Call 1-800-562-6694  ext. 2280
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Mortgage Split Loans
Split Loans provide a great way to get more home for the money.
Benefits
  • Ability to get a jumbo construction or purchase loan, without paying jumbo rates
  • Avoid Private Mortgage Insurance
  • Save money on title and closing costs
  • Buy down rate on first mortgage
  • Can apply to any construction, minimizing down payment
  • Can be combined with a Bridge Loan with virtually no money down

Terms
  • Maximum loan amount to FNMA/FHLMC maximum loan limits on first mortgage
  • Construction period of 9 or 12 months
  • Amortization of 30 years on both loans
  • Also known as 80-10-10, 75-20-5, or 80-20 loan

Click here to access our mortgage calculators.
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