Select Smart Plus


Select Smart Plus

Looking for a loan program that doesn’t require any money down, but still keeps your monthly payments affordable?

Most conventional options require mortgage insurance for loans without a 20% down payment. Select Smart Plus is a first and second mortgage loan program that helps cover the down payment. On top of that, there is no mortgage insurance required, which can save you money each month. With Select Smart Plus, you’re saving on up-front costs AND your monthly payments – it’s the best of both worlds.

Program Details:

  • Conventional fixed first mortgage

  • Second mortgage is 4% of the lower of the sales prices or appraised value and may be used toward closing costs and down payment

  • As low as 660 FICO

  • No monthly mortgage insurance

Are you ready to get pre-approved? Contact us today to take this important initial step toward your first or next home.


Geographical and income restrictions apply. Second mortgage is an interest-only subordinate lien with full principal payment due at the end of the term. All loan requests are subject to credit approval as well as specific loan program requirements and guidelines. With Adjustable Rate Mortgage loans, the rate is variable and may increase or decrease every year after the initial fixed rate period based on changes to an index. This could result in an increase in the monthly payment.