Huntington's experienced and dedicated team provides employee relocation services and unique mortgage programs. We offer relocated employees competitive interest rates, expanded debt-to-income ratios, reduced down payment requirements and more. So when employees move, everything moves smoothly.
Why choose Employee Relocation Services?
Direct Bill
We'll advance funds for the employee's closing costs and send an itemized breakdown directly to the employer for reimbursement.
Flexible PMI
Relocating employees can put as little as 10% down with no Private Mortgage Insurance (PMI), instead of the 20% that is typically required.
Recast Options
When your employee makes a large principal payment on the new mortgage, maybe after the old home is sold, we'll adjust the remaining monthly payments based on the new mortgage amount.
Other Relocation Program Features
Smart Shopper Program
Relocating employees can lock in their interest rate for 75 days without being in contract on a new property.
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Dedicated Teams
Rely on a team of loan officers, processors, underwriters and closers who specialize in the nuances of employee relocation.
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Unique Flexible Products
Relocating employees can enjoy the benefits of expanded debt-to-income ratios and reduced down-payment requirements.
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Single Point of Contact
Employers have a dedicated Account Executive to handle all their employee relocation needs.
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All lending products are subject to application and credit approval. Home equity loans and lines also subject to acceptable appraisal and title search.
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