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Account Closed
  • Lender
  • Tampa, FL
168
Votes |
543
Posts

80/15/5 (95% Cltv) loan programs are back!

Account Closed
  • Lender
  • Tampa, FL
Posted

Example:  400,000 purchase price

80% ltv 1st mtg.=  $320,000

15% ltv 2nd mtg.= $60,000

5% down payment= $20,000

Avoids Monthly PMI payment

Very strong financing program for multiple reasons

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5,086
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Mike Dymski
#5 Investor Mindset Contributor
  • Investor
  • Greenville, SC
13,357
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5,086
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Mike Dymski
#5 Investor Mindset Contributor
  • Investor
  • Greenville, SC
Replied

"Happiness is nothing more than having a bad memory."

-Unknown

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