What is Piggyback Mortgage (80-10-10 loan)
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Amanda Byford has bought and sold many houses in the past fifteen years and is actively managing an income property portfolio consisting of multi-family properties. During the buying and selling of these properties, she has gone through several different mortgage loan transactions. This experience and knowledge have helped her develop an avenue to guide consumers to their best available option by comparing lenders through the Compare Closing business.
Amanda Byford
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What is a Piggyback Mortgage? Besides a borrower’s first mortgage loan, any additional mortgage or loan that is secured with the same collateral is called a piggyback mortgage.  Home equity loans and home equity lines… Continue Reading What is Piggyback Mortgage (80-10-10 loan)