Apr 27, 2007 by mommy soprano | Posted in Personal Finance
I found out a couple of weeks ago that we had two mortgages on my house, something called 80/20. We were having a hard time paying some credit cards so i'm thinking of consolidating them and refinancing my home through wells fargo, I understand about
An 80/20 is where the mortgage company sells you two different mortgages because you were unable to make a 20% down payment. Majority of companies does this. Plus you will pay a PMI (Private Mortgage Insurance) that protects the lender in case you default
Doing the Right Thing | Apr 27, 2007
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