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80-15-5 Mortgage
Loans
What is an 80/15/5
Mortgage Loan? An 80-15-5 Program, sometimes called
a Piggy-Back, is a
fixed rate program designed to help Borrower's purchase
a home with as little as 5% down while avoiding Mortgage
Insurance.
Not
only does it save you money, it also maximizes your tax
benefits. An 80-15-5 program is two loans for the price
of one. Apply Now for an 80-15-5
Mortgage!
Why Use an 80/15/5 Mortgage Loan? If you are
considering purchasing a home, but do not have the
required 20 percent down payment, you should consider an
80/15/5 mortgage. You will only need to come up with 5
percent down and the remainder will be in two loans.
Often times, the little bit more you might pay in
interest on the second mortgage is considerably less
than paying private mortgage insurance (PMI) on a FHA
loan. Apply Now for an 80-15-5
Mortgage!
How Do I Apply for an 80/15/5 Mortgage Loan? The
best way to see if an 80/15/5 mortgage loan is for you
is to complete our short form
and get up to 4 different lenders to contact you with
80/15/5 programs. Remember,
this is NOT a loan
application. It is simply a contact form so that the
lender (or it's affiliate lenders) can contact you
directly and share their offers and promotions. Since
credit is not pulled until you agree to complete a
formal loan application, there is no negative
implications for completing the
short form to contact lenders.
Companies will differ on interest rates, closing costs
and turn around times. Get multiple offers and analyze
them closely then choose the right deal for you and your
family.
Compare Multiple Loan Offers - You Choose the Rate!
Click Here!
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