Valley National Bank and Unison launch 5% down program

Michael Micheletti Unison, Press 0 Comments

Unison Home Ownership Investors, a provider of home ownership investments, and Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp, announced the launch of their 5% down payment program.

The 5% down program will be given in conjunction with an 80% loan-to-value mortgage. The companies announced this will provide buyers with short and long-term savings.

The program works by allowing homebuyers to put down 5%, while Unison invests 15%, allowing the buyer to take out an 80% LTV loan. Unison would then share the changing home values – thereby profiting if the value increases and losing money if it decreases.

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About the Author

Michael Micheletti

Director of Communications


Michael has worked at Unison since 2016. He draws upon his experience in real estate, taxes, and healthcare to inform consumers on a wide range of topics related to homeownership.

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