How to Avoid PMI With Only 10% Down Using The 80-10-10 Piggyback Method

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The 80-10-10 mortgage structure is back in 2026 as a game-changer for California million-dollar home buyers. This video explains how the 80-10-10 loan setup offers buyers the advantage of putting just 10% down while avoiding private mortgage insurance (PMI) and jumbo loan status.

Mortgage expert Matt Gouge breaks down the details: an $800,000 first mortgage (80%), a $100,000 second mortgage or HELOC (10%), and a $100,000 down payment (10%). This helps borrowers keep total debt under conforming loan limits and access lower mortgage rates.

You’ll discover the crucial cost savings by avoiding PMI fees, which typically range from $300 to $800 monthly, and reducing upfront cash requirements. Matt also highlights the importance of planning how to pay off the second mortgage, whether through refinancing or leveraging investment/property gains. Understanding the rate gap—6% for first mortgage vs. up to 9.5% for second—is essential.

Buyers should carefully evaluate their debt-to-income ratio and choose either a fixed-rate second mortgage or a HELOC based on individual needs. No one-size-fits-all exists in lending, so personalized advice is key. Connect with Matt Gouge’s team for tailored mortgage strategies.

Key points covered include the 80-10-10 loan benefits, PMI avoidance, strategic planning for second mortgages, rate considerations, and the critical need for customized mortgage solutions. Perfect for high-end homebuyers aiming to optimize their financing in California’s 2026 market.

0:00 — Introduction
1:01 — What Is the 80-10-10 Method?
1:17 — How the Structure Works
3:06 — Side-by-Side Scenario
4:58 — When to Have an Exit Plan
5:44 — When the 80-10-10 Doesn't Work
7:07 — HELOC vs. Fixed Second
8:07 — Conclusion

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