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mortgage piggyback

Piggyback Mortgage Definition | Investopedia
Piggyback Mortgage - Definition of Piggyback Mortgage on Investopedia - A type of mortgage where a second mortgage or home equity loan is taken out by a .
http://www.investopedia.com/terms/p/piggy_back_mortgage.asp

Piggyback mortgages provide alternative to PMI
Jul 25, 2002 . If you don't have 20 percent down, you may not have to take out private mortgage insurance. Piggyback mortgages can avoid PMI, but they're .
http://www.bankrate.com/brm/news/mtg/20020725a.asp

Step 1

Piggyback Mortgage Calculator - Calculate Piggyback loans - 80/20 ...
Piggyback mortgage calculator - calculate the mortgage payments for all types of piggy back mortgages like 80/20, 80/15, 80/10/10 mortgage loans.
http://www.mortgage-info.com/mortgage-calculators/piggybackmortgagecalculator.aspx

Step 2

Q & A: Piggyback Mortgages
This is an article about piggyback mortgages, how they work and ways to use them effectively in your home finance.
http://library.hsh.com/articles/more-tools-resources-and-info/mortgage-basics/q-a-piggyback-mortgages

Step 3

Piggyback Mortgage Used To Avoid or Eliminate PMI
Aug 9, 2005 . Private mortgage insurance companies are beginning to feel the pinch of piggyback or blended mortgages.
http://www.mortgagenewsdaily.com/892005_Piggyback_Loans.asp

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 .
http://www.washingtonpost.com/wp-dyn/content/article/2008/03/14/AR2008031402074.html

Tips & Warnings

  • What's a Piggyback Mortgage?
    Apr 19, 2006 . When buying a house, lenders typically require that you either make a 20% down payment, or carry private mortgage insurance (PMI).
    http://www.fivecentnickel.com/2006/04/19/whats-a-piggyback-mortgage/

References

About the Author

What Is a Piggyback 80-10-10 Mortgage - Pros & Cons
Oct 18, 2011 . An 80-10-10 mortgage, or piggyback mortgage, is one method to avoid paying private mortgage insurance (PMI) for those with good credit.
http://www.moneycrashers.com/piggyback-mortgage/