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NEW PENN’S PIGGYBACK HELOC

A Perfect Solution For Those In-Between Borrowers!

Save your borrowers money by bundling a New Penn first mortgage with our new Piggyback HELOC.

  • Provide options to increase borrower buying power up to 95% CLTV
  • Offers a lower payment alternative on high LTV, high loan amount scenarios
  • Give borrowers the flexibility to pay down principal and borrow that principal again if needed
  • Help borrowers avoid MI payments
  • Maximize borrowers’ cash out amount

 

Consider These Scenarios:

Not available in Alaska, Hawaii, Louisiana, Tennessee, and Texas.

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