80/10/10 and 80/15/5 Loan Plans
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.
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