A keen 80-10-ten mortgage is actually that loan in which basic and you can second mortgages try gotten while doing so
A keen 80-10-ten mortgage is actually that loan in which basic and you can second mortgages try gotten while doing so The initial mortgage lien is actually taken with an enthusiastic 80% loan-to-well worth (LTV) ratio, which means it is 80% of one’s house’s prices; next mortgage lien has a great 10% LTV ratio, and …