80/10/10 and 80/15/5 Loan Plans(redirected from 80/15/5 Loan Plan)
80/10/10 and 80/15/5 Loan Plans
Combination first mortgages for 80% of the sale price or value and second mortgages for 10% or 15%.
See Second Mortgage/Using a Second to Avoid Mortgage Insurance.
The Mortgage Encyclopedia. Copyright © 2004 by Jack Guttentag. Used with permission of The McGraw-Hill Companies, Inc.