Do you do 80-10-10 loans

Technically, the 80/10/10 option is available in today's market. With that said, the vast majority of the time, I can show most of my customers putting 10% down that they are actually better off with OUT playing the two loan game. For example, it you are putting 10% down, I would almost always direct my customer to a standard loan with NO PMI using something known as "single premium". If your unlicensed bank loan officer doesn't know what that is, contact a licensed non-bank Loan Officer who does! In MN or WI, visit www.JoeMetzler.com

This type of financing is available along with other financing options that may appeal to you. To discuss your scenario in depth, please call me at 804-677-8588 - Lynn Kinsel, Patriot Mortgage, Laurel, MD

Currently we do not go above 80% on a second mortgage. I do have a product that will eliminate mortgage insurance with as little as 5% down. Please feel free to call me to discuss this. Tony Sergi410.878.2905

Yes we offer 80/10/10 loans. I would love to discuss this with you. (301) 938-7763

Not many deals like that out there anymore.. but the real questions is why?? if your looking to purchase a home with zero or little down, there are FHA programs with 3.5% down, USDA with Zero down , VA with Zero Down, HomePath with 3% down... WilliamAcres.com

Yes, so long as the 1st lien is a conforming balance. You should have no problem obtaining financing. Best of luck!

Joe is spot on...Why? Usually, the increased rate on the second eats up most of the PMI savings. Now you are stuck with two loans, two lenders, and if you ever try to do something down the road, unless the second is willing to play ball, and they rarely do, you are stuck. As an industry, we are running into thousands of folks that are being limited in their ability to refinance because the second mortgage company wants to be, or just is, stubborn. I suggest you work with a local Mortgage Banker/Broker instead of one of the big banks or national mortgage firms, which are really just bankers, too. Unlike a bank employee, who is most likely just an order taker, a Mortgage Broker/Banker is Trained, Tested and Licensed in all aspects of Mortgage Origination. He/She will have access to loan products of many lenders, not just those of one bank, and can properly guide you. But more importantly, He/She is trained to take a look at the various different options available to you and guide you into the one that makes the best sense for your situation. Don't forget to check out your selected Mortgage Originator at the National Mortgage Licensing System at www.NMLSConsumerAccess.org ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com

We at Arcus Lending recently launched the 80/10/10 loan program. You can read all the details on the loan program at http://lendingexpertblog.com/say-no-to-mortgage-insurance-pmi-801010-loan-is-here/or email us at Info@Arcuslending.com