For conforming and super conforming mortgages, it's possible to originate a first mortgage with an original loan amountup to the maximum eligible loan limit concurrently with a second lien home equity loan or line of credit*.

Freddie Mac will purchase eligible first lien mortgages with secondary financing that meet the criteria.

*There may be federal, state or local laws applicable to originators of this type, and Sellers should seek the advice of their legal counsel prior to implementation.