Special offer

RPM IS BRINGING PIGGY BACK!

By
Mortgage and Lending with US Bank NMLS: 22343
RPM Mortgage in California
CALIFORNIA PIGGYBACK MORTGAGES
 

I will be available this weekend to assist with your pre-approvals, offer letters and home loan questions. If I can be of service, feel free to reach me on my cell phone at 415-367-5959, or by e-mail at rspinosa@rpm-mtg.com.

WE'RE BRINGING PIGGY BACK!

I always said that we'd know when housing (and home financing) was turning a corner when we started to see program availability expanding instead of contracting. So here we are halfway through 2012 and at least we have regained access to affordable and efficiently processed piggyback loans.

RPM is pleased to announce the addtion of our piggyback HELOC program, which will permit:

  • Combined liens of up to $1,000,000 with a loan-to-value max of 85%.
  • Combined liens of up to $750,000 with a loan-to-value max of 89.99%.

Real Estate professionals, if you have buyers looking to put down 10% to 15% who wish to avoid PMI in jumbo scenarios OR who don't want the mortgage insurance and impound requirements of an FHA loan, this solution is ideal.

Call me for details or scenarios --- even over the weekend. Next up stated income? OK, that may be pushing our luck....

Have a great weekend!

 
For specific pricing on your scenario, or to get pre-approved without obligation for any loan product, you can:

To learn more about the loan process and get fast answers to some of the most common home finance questions, you can view Rob's short, educational videos on YouTube by clicking HERE.

 

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Robert J. Spinosa

Home Loan Professional
DRE: 01297944 NMLS: 22343

1058 Redwood Highway

Mill Valley, CA 94941

877.270.5959 Toll Free
415.367.5959 Cellular
415.366.1590 eFax
rspinosa@rpm-mtg.com


 

Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Rob, This is great news that the market may be opening up a little. Thanks for sharing.

Jul 27, 2012 10:25 AM
Rob Spinosa
US Bank - Larkspur, CA
Mortgage Loan Originator, Marin County

Every little bit helps, Debbie.  And not too long ago, the reintroduction of second mortgages seemed like an impossibility, so this is definite progress.

Jul 28, 2012 01:52 AM