10 percent down payment may be back.

10 percent down payment may be back.

The 10 percent down payment may be back. Reportedly, some lenders are offering 90 percent financing once again on all loan types. 

RPM Mortgage, based in San Francisco, resumed its “piggyback” loans in the first quarter of this year. The company had put its piggyback loans on hiatus in late 2007 during the financial crisis. A piggyback loan allows a borrower to put down 10 percent without having to pay private mortgage insurance. 

The last few years lenders have tightened up their underwriting standards and raised their downpayment requirements, mostly by enforcing a minimum of 20 percent down. That has kept some buyers on the sidelines. But certain lenders say they’re starting to cautiously ease up as home prices rise and the market picks up. Mortgage Rates Pull Back: