Financing in Brooklyn>Question Details

Jennianydot, Home Buyer in Brooklyn, NY

I live in Brooklyn, NY and I am interested in getting an 80-10-10 mortgage. Are there any mortgage brokers and/or banks that still offer this?

Asked by Jennianydot, Brooklyn, NY Tue Apr 24, 2012

Help the community by answering this question:


Why aren't you thinking of a 90% LTV? 80-10-10 used to be available to get a lower interest rate by bringing your first mortgage to conforming. Now it is not available.
0 votes Thank Flag Link Sun Apr 29, 2012
Dear Jenni

Call My Mortgage banker he is thee best.

Ralph Mazza
Cell 516 790 7643

Tell him Jade Munday told you to call him.

Good Luck
0 votes Thank Flag Link Tue Apr 24, 2012
Dear Jenniaydot:

Those types of programs do not exist. Anyone that tells you it does is trying to do the impossible. You will find that in the end you do ont get the loan and/or the interest rate is so high that you will not be able to or want the loan anyway. You are better off saving money and going 20% down or just go 10% down and pay the PMI.

Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783
0 votes Thank Flag Link Tue Apr 24, 2012
My friend Christopher Mecham can help you. Email him now at
0 votes Thank Flag Link Tue Apr 24, 2012
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