80 20 Mortgage Loan


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80 20 Mortgage Loan


 

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What interest rate can I expect on a 80/20 mortgage loan?
Me & my husband are trying to purchase our first home. We should be pre-approved in the next few days. My middle credit score & my husbands are each 580, we make $75K combined. We are looking to purchase a home for approx $140K...any ideas on what rates we should expect? Thanks!

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if you have 2 interest only mortgage loans, can you do tax deductions on the both?
I am talking about the case when you got 80/20% mortgage loans with 0% downpayment. I know that the 80% one is fully deductable, but not sure if I can deduct taxes for the second one

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what is a 80 20 mortgage loan?


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