Posted on June 24th, 2009 in 80-10-10 Mortgage
80-10-10 Mortgage Loan Programs - How Do They Work?
An 80/10/10 mortgage loan program is a type piggy back loan that borrowers will often use to avoid paying private mortgage insurance. The costs on this kind of mortgage insurance can be as high as 1% of the total price of the property yearly, and borrowers are [...]
