Profile picture for user6132756

Any lenders who can provide a piggyback mortgage (80-10-10) in NJ

Im currently about to sign my contract and am looking for lenders in the NJ area who will do piggyback mortgages in order to get rid of the PMI payments.

  • January 26 2014 - Old Bridge Township
  • 0
    0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.

 
 

Answers (7)

Profile picture for The Mortgage Mark
Meridian Bank can do this program.  We have offices in PA, NJ and DE. 
  • September 24 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Yes, we can help buyers with this.  We just helped a buyer close on a $800,000+ home with an 80/10/10 program.  Pretty amazing! 
  • September 23 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

PRIMARY HOME-  SINGLE FAMILY, CONDO OR 2 UNIT 
 OR
  
SECOND HOME- 1 UNIT ONLY
 90% LOANS UP TO $2 MILLION:
 30 Year Fixed
 20 Year Fixed
 15 Year Fixed
 10 Year Fixed
 10/1 ARM
 7/1 ARM
 5/1 ARM
I can also offer up to 85% for the following products (up to $4 million)...
5/5 ARM (Caps 2/2/5)
 
15/15 ARM
I hope this helps and please let me know if you have any questions or concerns about your specific scenario.
For information on rates you must reach out by my profile since I am not allowed to post rates in this section.
 Good Luck!!!!
  • May 23 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

I would be more than happy to help as well as provide some other options for you to consider.  Please contact me through my profile.  Our group have been serving the NJ Area for over 25 years.
  • January 29 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

I currently offer a portfolio second up to 95% on primary residences purchase money. Borrower must have a 740 minimum credit score. Contact me through my Zillow profile to discuss further details.
  • January 29 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Are comfortable with 15% down? Please reply via my profile
  • January 28 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

My mortgage company does not offer the piggy back right now up to 90% cltv.  But we do have other straight 90% ltv loans with no mortgage insurance.  In most cases the monthly payment ends up being less with the straight 90% ltv loan!  It will depend on your specific situation & sales price. 

Feel free to reach out to me through my profile and I can detail the options to you, side by side, so you can make the best decision for your scenario.  Best of luck! 
  • January 26 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.