Between the years of 2002-2007, many homeowners took out two separate loans to purchase their homes. The first loan covered for 80% of the value of the home and the second loan picked up the remaining 20%. This allowed them to avoid or reduce mortgage insurance and buy homes they would not be able to afford otherwise. These loans are generally held by two different lenders.

1. CONTACT: RE ACQUISITIONS (800) 824-8122 [email_address] HTTP://WWW.SELLHOMEOWNER.COM Mortgage Rate Reduction for Homeowners: The 80/20 Mortgage