Peak Loan Program
Our Peak Loan program allows you to buy a home up to $1.5M with only 5% down*. The loan terms can even be extended to 40 years, with the first 10 being interest-only payments.
The Peak 2nd Lien loan program can also be an option for you to access the equity in your current home (up to 95% combined loan to value) and use it toward home improvement, debt consolidation, or as a source of down payment on a second home.
1st Lien Qualifications:
- Loan amounts up to $2.5M
- 5/1 ARM, 30 year fixed, and 30 or 40 year fixed with 10-year Interest Only options available.*
- 620 minimum credit score
- 50% maximum debt to income ration
- Non-warrantable condos allowed
2nd Lien Qualifications:
- Loan amounts from $20,000 to $500,000
- 10, 15, 20, and 30 year fixed terms available
- Available in 2 different options:
- Stand alone
- Second mortgage closing concurrently with a loan (for either a purchase or refinance)