NEWREZ'S PIGGYBACK HELOC-Currently Suspended

A Perfect Solution For Those In-Between Borrowers!

Save your borrowers money by bundling a NewRez 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

 

Not available in Alaska, Hawaii, and Texas.