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piggyback loan

Two lenders participating in the same loan.

Related information about piggyback loan:
  1. Piggyback Loans - Advantages and Disadvantages
    A “piggyback loan” is a home financing option in which a property is purchased ... process on a piggyback loan than they would with a single conventional loan.
  2. PMI or Piggyback Loan Calculator
    The calculator will compare total payments if you have less than 20% to put down . There are options like 80/10/10 and PMI buyouts to save you money on a ...
  3. Piggyback Loan - LendingTree
    A piggyback loan is an alternative to private mortgage insurance.
  4. Piggyback Mortgage Definition | Investopedia
    ... in value quickly (so that the LTV will not be higher than 80% for long), paying PMI for a period of time might be more economical than using a piggyback loan.
  5. Piggyback Loans vs. Insurance
    Mar 15, 2008 ... A piggyback loan is a second mortgage taken out at the same time as a first mortgage as a way of borrowing a larger total amount without ...
  6. 100% Financing ~ 80/20 Option ~ Piggyback Loan
    How to avoid paying mortgage insurance by getting a second mortgage to back up your first mortgage.
  7. mortgage-rates/what-is-a-piggyback-loan - Go Banking Rates
    Dec 20, 2010 ... Need a second loan? A piggyback loan could help you meet a 20% down payment requirement and avoid private mortgage insurance.
  8. Piggyback mortgages provide alternative to PMI
    Jul 25, 2002 ... Ultimately, determining which is more appropriate -- paying private mortgage insurance or going with a piggyback loan -- requires seriously ...