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Updated almost 6 years ago on . Most recent reply

User Stats

71
Posts
37
Votes
Marci Mayes
  • Real Estate Agent
  • Willis, TX
37
Votes |
71
Posts

80/20 Piggyback Loan in Texas

Marci Mayes
  • Real Estate Agent
  • Willis, TX
Posted

Are there any lenders in Texas that would issue a 80% LTV first mortgage and allow the seller to take back a 20% LTV second mortgage? If not, what about 80/15/5 or 80/10/10? Would the SFR need to be owner occupied or are there are lenders who will do piggyback loans on non-owner occupied properties?

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