Portfolio Second Lien

Parents with a little girl
If you’re house-shopping and have enough for a down payment but not quite the amount needed to avoid PMI (private mortgage insurance), we’ve got a solution. With our Portfolio Second Lien (also known as an 80/10/10), we finance 80% in a first mortgage, 10% in a second mortgage, and with your 10% down payment, you’re able to avoid the PMI requirement. One of our loan professionals can make understanding a Portfolio Second Lien easy. This program offers a flexible way to get the home you want… without the mortgage insurance you don’t.

Program Features:

  • Mortgage insurance not required
  • Down payment as low as 10%
  • Get the home you want now!

One of our loan professionals can make understanding a Portfolio Second Lien easy.
 
*80%financing of first mortgage, 10% financing on a second mortgage, and a 10% down payment. Program eligible in CO, NM, AZ, MI, TX, MO, KS, Idaho (select areas/counties -Kootenai & Bonner), WA. Consult your Guardian Mortgage loan originator for details. Certain terms and restrictions apply. Program available only to qualified borrowers. Program subject to change without notice. Underwriting terms and conditions apply. Loan subject to credit review and approval.