Sentences with phrase «piggyback loans like»
In other states (like California), very few mortgage lenders are offering piggyback loans like the 80 -15-5.
http://www.homebuyinginstitute.com/ Not exact matches
Taking out two mortgages on the same house simultaneously may sound like a bad idea at first glance, but «piggyback loans» are a common way to make a smaller down payment or avoid paying mortgage insurance.
That is why you hear a lot about combo (piggyback) loans like the 80/20, 80/10/10, etc..
Like a home - equity loan, a Home Equity Line of Credit (HELOC) is a secondary loan that piggybacks on your original loan.
This mechanic does not make you feel like a mercenary leader; it makes you feel like a secretary at a back - alley loan shark piggybacking off the neighbour's WIFI.