- Find a Real Estate Professional
- Realtors®
- Mortgage Lenders
- Home Improvement Pros
- Other Real Estate Services
- Review an Agent, Lender or Pro
- Marketing on Zillow
- Real Estate Agent Advertising
- Join the Professional Directory
- Popular
- Real Estate Market Reports
- More
Answers (8)
- Clay Branch, "Georgia Loans"
- Contributions:7835
This program does not go up to 700k purchase price though
So why did you post it?
So why did you post it?
- Dan Lesniak, "Dan Lesniak"
- Contributions:147
Acacia Federal Savings Bank does 80/15/5 loans, however they are structured as 75/20/5. This program does not go up to 700k purchase price though.
- Nick Pakulla, "MD DC VA Mortgage"
- Contributions:63
My community bank offers an 80/10/10. You get a high balance conforming first mortgage (right now rates in the low 4's) followed by our fixed rate portfolio second mortgage product that comes with no pre-payment penalty. Fannie guides above 417k require 10% down, so you would have to find a private jumbo lender that accept's 5% down (most are 20%+). I have yet to hear of anyone that offers one. Let me know if you are interested in the 10% down 80/10/10 and I can go over the details with you.
[moderator edited for contact information, please refer to good neighbor policy]
[moderator edited for contact information, please refer to good neighbor policy]
- James Ryan, "GreatRateFolks"
- Contributions:1038
jh4306a,
I know of no 80-15-5 still available, however, if Clay says they are, I bet they are. 80-10's, and 90% with MI or LPMI are available, and I have one bank that offers 90% and NO MI, but the rates on that product are not very competitive.
Best wishes on your search!
Jim
- wayne lancaster, "funds2"
- Contributions:1174
Looks like 80 10-10 is available on jumbo loan in N. VA but 80 15/5 is not.
You can post a request on Zillow and see results or contact a Zillow lender Professional from DC area and get their input.,
You can post a request on Zillow and see results or contact a Zillow lender Professional from DC area and get their input.,
- Clay Branch, "Georgia Loans"
- Contributions:7835
Yes, you can still do an 80/15/5
- Rudi Hofmann, "LUXURY HOME LOANS CA"
- Contributions:7435
If you have at least $250,000 in liquid assets you could use a pledged asset loan for all or part of your down payment. They remain yours and you can continue to makes trades.
Happy funding, Rudi
Happy funding, Rudi
- Dave Skow, "daveskow"
- Contributions:1104
dont think the 80/15/5 exists anywhere anymore
Are 80/15/5 mortgages still available in Northern VA?
Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.
We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.