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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. 80-15-5 Mortgage Loan ProgramsNot 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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