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No Money Down Mortgages: 80 20 Mortgages Avoid Private Mortgage Insurance
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By Louie Latour

If you have been putting off your home purchase because you lack the necessary down payment, there are mortgage options available that can help you. In the past homebuyers without the necessary down payment were required to purchase expensive Private Mortgage Insurance. There are now mortgage options that can get you approved without this costly insurance; this type of mortgage is called an 80/20 mortgage loan.

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HOME LOANS ADVERTISEMENT

An 80/20 mortgage is two mortgages that cover 100% of your home

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This entry was posted on Friday, September 22nd, 2006 at 2:32 am and is filed under Refinance. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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