Texas Mortgage News:Why 80/10s and 80/15s still exist, but are very strict.
posted April 13, 2010Â Mortgage News:Â Â Why 2nd Lien Companies are so strict these days. Remember we still offer second liens for those wanting a 80/10 or 80/10/10, however borrowers must have excellent credit and great liquid assets It is also going to be hard to fix the potential problem with 2nd mortgages. There are roughly $1.1 trillion in second-lien [...]
