If you’ve made the decision to buy a new home, then odds are you’ve begun looking at your mortgage options. A mortgage can be quite expensive, however, there are ways that you can reduce the costs. The following are a few tips for getting some mortgage relief:

  • Lender paid mortgage insurance – A lender paid mortgage insurance is different from a borrower paid mortgage insurance in that a lender paid mortgage insurance has a higher rate because the mortgage insurance is built into it. A lender paid loan will cost you  less on a monthly cost basis even after homeowner tax deductions.
  • 80-10-10 – Cap the first mortgage at 80 percent of your purchase price and add a piggy back mortgage, which is a second mortgage. This will allow you to avoid mortgage insurance altogether. Your first mortgage would be 80 percent, the second would be 10 percent and then you would put down 10 percent yourself.
  • Jumbo loan – A jumbo loan is a loan bigger than $417,000 in which requires only a 10 percent down payment.

Be sure to consider some of these mortgage options and contact Randy Lindsay for a real estate agent in Fort Mill, SC.


Randy has enjoyed over 31 wonderful years in the Real Estate industry making dreams come true for homeowners.

Superior customer service is #1 to Randy and he provides this to all of his clients using knowledge, professionalism, integrity and persistence.

Randy is a successful and experienced real estate agent who expertly represents both buyers and sellers. Scores of Charlotte area residents have trusted Randy in the process of listing their homes to sell.

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Real Estate in Rock Hill,

Fort Mill and surrounding

York county

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"Randy was very easy to work with. He was open and honest, and always there to answer any questions or concerns we had. He was available and worked ... more "
by Diana Holliday
"My wife and I worked with Randy to sell our home located in the Lake Wylie area. Great job of preparing the information and advertising for the ... more "
by Bruce Dycus
"Randy actually helped us sell our old house and buy our new house. He was honest and hardworking and sold our home in a week. We were pleased with ... more "
by Jennifer Tobin
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