Mortgage loan with 15% down payment?
I have mortgage loan with 10% down payment, so I have loan with PMI. Now, I would like to contribute 5+% down payment and make the LTV to 85% as of current market value of my house. I am adding 5+% to remove my PMI and reduce my APR. I would like to know whether any mortgage lender gives 85% loan or is there any lender provides piggy back loan? I am willing to go with 5 year ARM or 30 year fixed. Looking for best answer.