Home Buying in Dover>Question Details

Mp, Home Buyer in Ohio

Are any banks willing to do 80/20 vacation/2nd home mortgages, so there is no PMI and no down payment?

Asked by Mp, Ohio Mon Jan 3, 2011

Looking at FL and CO.

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Give Wells Fargo a call, I am sure there is one near you. I am in an area of 90% 2nd and vacation homes and they are doing 20% LTV loans here.
1 vote Thank Flag Link Mon Jan 3, 2011
I don't think you will find any 80/20 loan options on primary or 2nd homes in this lending environment.
0 votes Thank Flag Link Mon Jan 3, 2011
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