Types of Mortgage Loans - Schlumberger

Down Payment can be from 5% to any amount. Loans for more than $417,000. Two Loans: The first lien is at 80% of the sales price at market rate for 30 Years. The second is typically a 15 year note for 5, 10, 15 or 20% at a higher rate. Since the first lien is at 80%, no … ................
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