Zero Down 80 20 Mortgage Loans: How to Purchase Your Home with No Money Down

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Zero Down 80 20 Mortgage Loans: How to Purchase Your Home with No Money Down
(presented by www.refinance-refinance.net - mortgage lenders)

By Louie Latour

If you are a homebuyer lacking the necessary 20% down payment to purchase you home, an 80/20 mortgage could get you the financing you need. An 80 20 mortgage is basically two loans covering 100% of the purchase price. Here are the basics of 100% financing to help you decide if this type of loan is right for you.

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The 80 20 mortgage is actually two loans covering 100% of the purchase price. Your primary mortgage will cover 80% of the purchase price; the remaining 20% will be a second loan often referred to as a

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This entry was posted on Sunday, October 22nd, 2006 at 6:08 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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