Combination Mortgage
Two layers of financing to bring you home.
Explore all your options, including combination or “piggyback” loans from KeyBank. Combining a traditional mortgage with a home equity loan may provide you a greater loan amount overall with a low down payment.
Overview
| Loan Parts |
80% loan-to-value (LTV) first mortgage, 10% LTV second-lien home equity loan |
|---|---|
| Down Payment |
10% |
| Private Mortgage Insurance (PMI) |
Not required |
Features
- Potential to qualify for a larger mortgage amount
- Provides the opportunity to avoid a PMI requirement
- Gives you flexibility, so you can use your money to keep your financial wellness goals on track
Contact Us
We'll walk you through your options. With your rates, terms and benefits in hand, you'll have everything you need to take the next step.
NOTICE: This is not a commitment to lend or extend credit. Conditions and restrictions may apply. Information and offers are subject to change without notice. All loans are subject to credit and collateral approval. Not all loans or products are available in all states.
NMLS# 399797
