Skip to content
US-FDIC-Logo 1-4 FDIC-Insured - Backed by the full faith and credit of the U.S. Government

Morgtage & Equity Combo Loans

A flexible financing approach that combines two loans to help manage upfront costs and monthly payments.

One Purchase. A Smarter Structure.

A Mortgage & Equity Combo Loan pairs a primary mortgage with a secondary equity loan to help reduce upfront costs and manage monthly payments more effectively. By structuring financing into two loans, qualified borrowers may be able to limit their monthly payment requirements and reduce or eliminate the need for private mortgage insurance.

A Civista Mortgage Lender can help determine whether a Combo Loan aligns with your financial goals and guide you through available options.

Apply Now Speak with a Lender
Mature couple moving into a new home

Mortgage & Equity Combo Loan Advantages

Mortgage & Equity Combo Loans can be helpful for buyers looking to structure financing in a way that reduces certain upfront and ongoing costs.

Private Mortgage Insurance Relief

Combo Loans are often structured so the primary mortgage has a loan-to-value (LTV) ratio at or below 80%. When applicable, this may allow borrowers to avoid private mortgage insurance (PMI), helping lower monthly payments.

Lower Upfront Cash Requirements

The secondary equity loan can be used to cover a portion of the purchase price that would otherwise be paid as a traditional down payment, reducing the amount of cash needed at closing for qualified buyers.

Potential Tax Benefits

IIn some cases, interest paid on both the primary mortgage and the associated equity loan may be tax deductible. Borrowers should consult both a mortgage specialist and a tax advisor to understand how these rules apply to your specific situation

Local Expertise, Personal Support

We live and work in the same communities as you, and we’re invested in helping you navigate your options with clarity. Wherever you are in your homeownership journey, you’ll work with a lender who listens carefully and helps identify options that fit your needs.
Apply Now Speak to a Lender
Happy couple with key