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845-348-3172

JUMBO LOANS UP TO 95% FINANCING WITH NO PMI

Piggyback loans up to 95% with home equity loan or home equity line of credit

or

One Jumbo loan up to 95% financing with no PMI

Main office in New York – Loan Programs are available in New York, New Jersey, and Florida

Starr Mortgage Company structures 10% down payment loans with no PMI for Jumbo and Conforming Loan amounts.

Starr Mortgage Company structures 5% down payment loans with no PMI for Jumbo and Conforming Loan amounts.

Traditionally loans with a 90% loan-to-value or higher are required to have Private Mortgage Insurance (PMI) to insure the loan against default. This can be a significant expense to the borrower.

Starr Mortgage Company has the ability to structure a purchase or refinance transaction which includes an 80% first mortgage, a 2nd (piggyback) loan of 10% and a 10% down payment from the borrow. With this type of structure, the need for PMI is eliminated, and the borrower experiences a significant savings.

To Contact Us:

80/10/10 “piggyback” Piggyback Loan Program, borrowers should call our seasoned loan team at 845-348-3172 and speak to us about how this type of transaction can benefit them.

Alternatively, you can email jstarr@starrfinancialgroup.com

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