Sentences with phrase «offering piggyback mortgages»
But again, it depends on whether or not lenders in your area are still offering piggyback mortgages.
http://www.homebuyinginstitute.com/ Not exact matches
In other states (like California), very few mortgage lenders are offering piggyback loans like the 80 -15-5.
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.
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.
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 %.
As an alternative to mortgage insurance, some lenders may offer what is known as a «piggyback» second mortgage.