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What is an 80/15/5 Mortgage?

 

Why use an 80/15/5 Mortgage?

 

How do I apply for an 80/15/5 loan?

 

What about 80/20 mortgages?

 

what about 80/10/10 programs?

 

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Find the BEST 80/15/5 Loan!

Our lenders will compete to get you the best 80/15/5 deal.

PlanetLoan.com

 

100% Purchase with $0 down!

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80/15/5 Mortgage Financing

 

Our Preferred Lenders for 80/15/5 Mortgage Loans:

  1. Full Spectrum Lending (Countrywide Home Loans) -- A long time player in the mortgage market, Countrywide has some outstanding deals on 80/15/5 mortgages. Visit Website and select form for "purchase" loan. After completing it, Countrywide will contact you with 80/15/5 options.

  2. PlanetLoan.com -- This company will work to get you the best loan available. To apply for an 80/15/5 mortgage, click here and select "purchase" loan. After you complete the form, lenders will contact you with 80/15/5 deals.

  3. Ameriquest Mortgage -- Ameriquest Mortgage is one of the most recognized lenders in the U.S. They do a great job with 80/15/5 purchases. Visit their website here and complete the online form. Once you have completed it, an Ameriquest mortgage lender will contact you about their 80/15/5 plans.

  4. LoanApp.com -- LoanApp.com is another mortgage website that will submit your information to multiple lenders who will compete for your business. They have lenders who specialize in purchase mortgages. Visit Website and complete form for "purchase loan". Once you've completed it, you should hear from their lenders about 80/15/5 plans.

  5. LowerMyBills.com -- You will get up to four individual offers from their database of home lenders. This is a great place to start your search. Visit Website and complete the form to start your 80/15/5 mortgage request.

 

What is an 80/15/5 Mortgage Loan?

An 80-15-5 Program sometimes called a Piggy-Back, is a fixed rate program designed to help Borrower's purchase a home with as little as 5% down while avoiding Mortgage Insurance. Not only does it save you money, it also maximizes your tax benefits. An 80-15-5 program is two loans for the price of one. Compare Multiple Loan Offers - You Choose the Rate! Click Here!

 

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Why Use an 80/15/5 Mortgage Loan?

If you are considering purchasing a home, but do not have the required 20 percent down payment, you should consider an 80/15/5 mortgage. You will only need to come up with 5 percent down and the remainder will be in two loans. Often times, the little bit more you might pay in interest on the second mortgage is considerably less than paying private mortgage insurance (PMI) on a FHA loan. Compare Multiple Loan Offers - You Choose the Rate! Click Here!

 

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How Do I Apply for an 80/15/5 Mortgage Loan?

The best way to see if an 80/15/5 mortgage loan is for you is to visit one or more of the lenders listed at the top of this page.

 

When you visit these websites, you will need to complete a short form. This is NOT a loan application. It is simply a lead form so that the lender (or it's affiliate lenders) can contact you directly and share their offers and promotions. Since credit is not pulled until you agree to complete a formal loan application, a smart borrower should complete forms at multiple websites and compare offers.

 

Companies will differ on interest rates, closing costs and turn around times. Get multiple offers and analyze them closely then choose the right deal for you and your family. Don't be afraid to complete forms at all of the websites listed above and see which one has the best 80/15/5 deal!  

 

Compare Multiple Loan Offers - You Choose the Rate! Click Here!

 

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