deferred 2nd mortgage

THIS PROGRAM HAS BEEN TEMPORARILY SUSPENDED – STAY TUNED FOR FURTHER INFORMATION
Program Summary: This Purchase Only loan provides for a first mortgage of 95% of the value of the home, and a deferred payment second mortgage of 5%.
Term: 30 Year term on both 1st and 2nd mortgages
CalSTRS Interest Rates: Check Today’s Rates Here
Conforming Loan Amount: [...]