A keen 80-10-ten mortgage was a loan where earliest and you may second mortgages are received likewise
A keen 80-10-ten mortgage was a loan where earliest and you may second mortgages are received likewise The original mortgage lien is taken which have a keen 80% loan-to-really worth (LTV) proportion, for example it is 80% of the residence’s pricing; the following financial lien keeps a 10% LTV ratio, while the borrower produces a …