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any lenders offer 80/10/10 in Georgia?

my middle credit score is 715 and i'm looking in atlanta georgia and surrounding areas by stylesdarren33978 from Atlanta, Georgia. Apr 30th 2015 Reply


Thomas Dasta (lendfm)
#31 ranked lender in Georgia - 59 contributions

Your score is fine for the purchase of residential property. 678-571-7433 can get you prequalified with the best rates. - Tom Dasta

Apr 30th 2015
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Good afternoon. Yes, we offer the 80/10/10 loan option. Please let me know if I can help you.

Apr 30th 2015
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Briggs Cline (bcline_154_679)
#59 ranked lender in Georgia - 55 contributions

Yes - the 80/10/10 has become is a hot program for us right now. Happy to provide you a quote.

Apr 30th 2015
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Phil Dumouchel (PhilDu)
#32 ranked lender in South Carolina - 2,249 contributions

Sure but you'll likely end up with a lower payment with a different option and one loan. pdumouchel@primelending.com

Apr 30th 2015
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William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

Yes..but it's not recommended.. Your far better off paying 10% down and paying a monthly mortgage insurance premium than by doing a 80/10/10 with 10% 2nd loan. your payment will actually be lower. With a 715 credit score, for every $100K financed, your MI payment will be about $48 per month, and once you have paid for 2 years, and once you have 20% or more equity, you can ask your lender to remove the MI.. you will have to pay for an appraisal, but so long as the value is there, they will drop the MI, and you wont have to refinance to do it.. I always recommend you contact a local mortgage broker and let them sit down with you and analyze your complete loan scenario.. until 2nd mortgage rates and terms improve, or if MI rates increase, there is no benefit to doing an 80/10/10. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Apr 30th 2015
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Tracey Mobley (tnmobley123)
#12 ranked lender in Georgia - 4 contributions

If you need a great Realtor in Atlanta, Call Tracey Mobley @ 872-239-4110

May 31st 2015
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