Sentences with phrase «offer piggyback loans»

If you do not qualify for a no - money down mortgage loan without purchasing private mortgage insurance, you may want to ask your lender if they offer piggyback loans.

In other states (like California), very few mortgage lenders are offering piggyback loans like the 80 -15-5.

Finally, lenders offering piggyback loans usually reserve these mortgages for customers with good - to - excellent credit, particularly those who live in high - cost areas and require jumbo loans.

Not exact matches

Piggyback loans offer another distinct advantage over «one - loan» programs, too — they can be excellent tools for financial safety and planning.

For the 90 ltv refinance — the very initial mortgage is offered for 80 % from the expenditure of the home and also the particular «piggyback» second mortgage loan is perfect with regard to the rest connected with the 20 %.