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Piggyback loans making a come back?

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Iain Gliddon | 29 Apr 2014, 11:40 PM Agree 0
Piggyback mortgages, which fell from favor during the housing downturn, are slowly making a comeback as home values start to pick up again.
  • Simon Dalambert | | 29 Apr 2014, 11:44 PM Agree 0
    I welcome back the PIGGYBACK mortgage. If used properly for a qualified borrower it increases home buying options and eliminates the dreaded and expensive PMI.
  • Donald | | 29 Apr 2014, 11:50 PM Agree 0
    The return of the piggyback is a welcome development, especially now that FHA has gotten so costly. But the 80/10/10 will only work if it is consistent with borrower financial plans and not if it again becomes a means to jump into an unaffordable home.
  • Raquel Mullins | | 21 Jun 2016, 01:08 AM Agree 0
    As a financial expert, I think Piggyback Mortgages are best for individuals as it helps improve their housing and real estate mortgage experience.
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