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30 December, 04:10

What is a piggyback mortgage?

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  1. 30 December, 06:38
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    A piggyback mortgage can include any additional mortgage loan beyond a borrower's first mortgage loan that is secured with the same collateral. In short, a piggyback mortgage is when you take out two separate loans for the same home.

    Common types of piggyback mortgages include home equity loans and home equity lines of credit.
  2. 30 December, 06:57
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    Two mortgages on the same house.
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