80-10 Home Purchase Mortgage

Nationwide Mortgage Loans offers many fixed rate home purchase loan programs.  The 80-10 home purchase is a 10 down-payment, 80% first mortgage and a 10% second mortgage that work together so you don't have to come up with a 20% down-payment.  Don't let savings get in the way of you purchasing your dream home.

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We offer 30 or 40 year fixed rate home purchase mortgages that ensure a fixed interest rate that is fixed for the entire term of the loan.  In addition, Nationwide offers home equity, second mortgage and refinance loans with a fixed or adjustable interest rates.

$400,000 Purchase Price - 80-10 Payment Example:

$360,000 First Mortgage 30 Year Fixed at 6%
360 Monthly Payments at $ 2,158.38

$ 40,000 Second Mortgage 30 Year Fixed at 8%
360 Monthly Payments at $ 587.01

With the 80-10 fixed rate purchase mortgage, you don't have to come out of pocket for the 20% down payment that most traditional purchase loans require.  In addition, you will benefit from a low rate and low payment that is stretched out over 30 or 40 years. Top loan experts believe that it is important for borrowers to be confident when taking a loan on against your home.

Nationwide Mortgage Loans Loan Spotlight

Home Mortgages 103%
Fixed rate home mortgages that go beyond 100% combined loan to value. 103 percent home loans are very popular with 1 st time homebuyers because they allow borrowers to finance the closing cost of their home purchase.

Finance Tips and Loan Advice

10% Money Down
Lower payment than 80-20
No Private Mortgage Insurance

Saving up 10% of the sales price can take a while
Second mortgage rate is quite a bit higher than 1st rates

  • 90% Financing
  • Purchase Money Second Mortgages
  • Home Equity Credit Lines
  • 90% Home Equity Loans

Don't wait any longer, Call 1-877-212-9478 to speak with a seasoned loan professional live. We offer a helpful consultation that includes a free loan quotes with no obligation.


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ARM vs. Fixed Rate Calculator
How does a fixed rate 1st or 2nd mortgage compare to an adjustable rate mortgage or home equity line of credit?


Additional Home Loan Pages:
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BD Nationwide Mortgage, 515 Encinitas Blvd. Ste 100, Encinitas, California 92024
Please be aware that this is not an advertisement for credit as defined by paragraph 226.24 of regulation Z. Nothing on this site contains an offer to make a specific home loan for any purpose with any specific terms. This is a web-site and no loans can be guaranteed as loans and rates are subject to change. Nationwide is affiliated with national lenders and a federally chartered bank located in Maryland licensed to offer home loans in all 50 states. Copyright 2001-2011 and Beyond, Nationwide Mortgage Loans - BDnationwidemortgage.com is a website and cannot make loans. All rights reserved.