What Is 80-10-10 Mortgage? – Its Advantages And Disadvantages
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Amanda Byford has bought and sold many houses in the past fifteen years and is actively managing an income property portfolio consisting of multi-family properties. During the buying and selling of these properties, she has gone through several different mortgage loan transactions. This experience and knowledge have helped her develop an avenue to guide consumers to their best available option by comparing lenders through the Compare Closing business.
Amanda Byford
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What Is an 80-10-10 mortgage? When first and second mortgages are obtained simultaneously in a loan it is called 80-10-10 mortgage.  The primary mortgage lien is taken with 80% of the home’s cost hence it is an… Continue Reading What Is 80-10-10 Mortgage? – Its Advantages And Disadvantages