STAY AT HOME WITH A RENOVATION 2ND MORTGAGE
Thinking about updating or renovating your home but love your current interest rate? Do you need more space but don’t want the hassle of moving? Whatever the reason, we have the solution for you with our Stay at Home Program.
Program highlights include:
- Second mortgage allows your current low fixed rate mortgage to remain in place
- Single closing for both construction and permanent phases
- Interest only payments during construction, followed by automatic conversion to permanent financing
- Primary residence only
- Financing based upon the future value of your property
- Up to 90% financing with a combined loan amount of up to $1,500,000