Plaza Home Mortgage National Correspondent Division Introduces Their Piggyback Second Lien Program

Check out yet another new program from our friends at Plaza Home Mortgage National Correspondent Division.  Learn more about their Piggyback Second Lien program and its benefit for borrowers below.

The Piggyback Second Lien Program is a great solution for purchases greater than the standard conforming loan limits!​

• Great solution for purchases greater than the standard conforming loan limits!
• Second Lien must close simultaneously with a new Fannie Mae eligible Plaza first lien
• Income documentation per DU findings
• 15, 20 & 30-year Fixed Rate term
• CLTV to 95%
• Loan Amounts from $20,000 - $500,000
• Credit Scores from 680
• DTI to 43%
• Attached/Detached SFR, Condo, PUD, 2-4 Units
• Primary Residence and Second Home
• Purchase and Refinance
• Pricing available in PULSE
• Originator Compensation can be either Lender Paid or Borrower Paid

Plaza’s programs neither originate from nor are expressly endorsed by any government entity.


Contact your Account Executive for more information on this great new program!

Salpi Meyer – National Sales Manager
919-970-9962
salpi.meyer@plazahomemortgage.com

Rikki Gordon – West
949-244-1939
rikki.gordon@plazahomemortgage.com

Kirk McClain – Central/Mountain
214-808-5678
kirk.mcclain@plazahomemortgage.com

Erin Scavuzzo - Midwest
215-334-0729
erin.scavuzzo@plazahomemortgage.com

Melanie Coulton – East
215-272-3343
melanie.coulton@plazahomemortgage.com