In order to properly show an 80/10/10 in Mortgage Coach, you will need to enter your first lien with a 20% down payment and then add an additional 2nd lien for the 10% Down Payment.
View the tutorial video: How to Enter an 80/10/10 in the Advice Engine
Please watch the video to learn:
- How to enter the 1st Lien details
- How to add a 2nd Lien to display your 10% Down Payment
- How to compare the 80/10/10 to:
- 10% down with Mortgage Insurance
- 20% down
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