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What is an 80/20 Mortgage
Loan? To avoid costly private
mortgage insurance (also know as PMI), many smart
loan shoppers (who do not have down payment money) will
purchase a home with two mortgages.
first mortgage is for 80 percent of the home's value and
the second mortgage (either a loan or a variable line of
credit) will cover the remaining 20 percent.
Although it may sound
strange to have two mortgages instead of one, there are
many benefits including costs and tax savings. Apply
Now for an 80-20 Mortgage Today!
Why Use an 80/20 Mortgage Loan? If you are
considering purchasing a home, but do not have the
required 20 percent down payment, you should consider an
80/20 mortgage. 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 80-20 Mortgage Today!
How Do I Apply for an 80/20 Mortgage Loan? The
best way to see if an 80/20 mortgage loan is for you is
to click here and complete
our short form. When you complete our short form we will
forward your information to up to four different
mortgage lenders. Please remember, this is NOT a loan
application. It is simply a lead form so that the lender
(or it's affiliate lenders) can contact you directly and
share their offers and promotions.
Mortgage loan 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. Don't be afraid to
complete the lead form and
see which company has the best 80/20 deal!
Compare Multiple Loan Offers - You Choose the Rate!